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Tigo Energy Announces Full Repayment of $50 Million Convertible Promissory Note
Businesswire· 2025-12-17 21:05
LOS GATOS, Calif.--(BUSINESS WIRE)--Tigo Energy, Inc. (NASDAQ: TYGO) ("Tigo"), a leading provider of intelligent solar and energy software solutions, today announced that it has repaid in full all outstanding principal and accrued interest under its 5.0% Convertible Promissory Note in the aggregate principal amount of $50.0 million (the "Convertible Promissory Note†) issued to L1 Energy Capital Management S.a.r.l. (L1 Energy). Tigo used cash on its balance sheet to repay that Convertible Promis. ...
Petrobras Enters Brazil's Solar Power Market With Lightsource bp JV
ZACKS· 2025-12-17 17:06
Key Takeaways Petrobras enters Brazil's solar market by buying a 49.99% stake in Lightsource bp's local units.The JV starts with the Milagres solar complex and includes a pipeline for gradual project expansion.The deal supports Petrobras' 2026-2030 plan to diversify energy sources while partnering as a minority owner.Petróleo Brasileiro S.A. - Petrobras (PBR) is making a clear move beyond oil and gas by entering Brazil’s solar energy market through a new partnership with the Brazilian unit of BP p.l.c.’s (B ...
SolarEdge Technologies to Benefit From Rising U.S. Solar Demand
ZACKS· 2025-12-17 14:01
Key Takeaways SEDG shipped 60.1 GW of optimized inverters and 3 GWh of batteries as solar demand lifted volumes.SEDG centralized manufacturing in the U.S., with new capacity ramped in Utah.SEDG faces risks from higher U.S. tariffs as some components and limited output remain sourced overseas.SolarEdge Technologies (SEDG) has been taking significant steps to expand its manufacturing capacity in the United States. The company is benefiting from its optimized inverter solutions to address a broad range of sola ...
T1 Energy Starts Construction on Texas Solar Cell Fab
Globenewswire· 2025-12-17 11:01
Core Insights - T1 Energy Inc. has commenced construction on its G2_Austin solar cell manufacturing facility, representing an investment of $400 to $425 million aimed at enhancing the U.S. solar supply chain [1][2][3] Group 1: Project Overview - The first phase of the G2_Austin facility is projected to have an annual capacity of 2.1GW of high-efficiency TOPCon solar cells, surpassing the current U.S. manufacturing capacity for silicon-based solar cells [2] - The facility is expected to begin production by the end of 2026 [2] - The second phase of G2 is anticipated to expand capacity to 3.2GW, with potential for further expansion based on demand [5] Group 2: Economic and Employment Impact - The G2_Austin project is expected to create up to 1,800 new advanced manufacturing jobs in Milam County, Texas [3] - This initiative aligns with the Trump Administration's economic policies, focusing on strengthening domestic manufacturing and energy security [3] Group 3: Strategic Importance - T1 Energy's Chairman and CEO emphasized that G2_Austin is central to the company's strategy for establishing an integrated U.S. polysilicon solar supply chain [4] - The solar cells produced at G2_Austin will be utilized in T1's existing 5GW G1_Dallas facility, catering to the demand for domestically produced solar modules [4]
T1 Energy Starts Construction on Texas Solar Cell Fab
Globenewswire· 2025-12-17 11:01
Core Insights - T1 Energy Inc. has commenced construction on its G2_Austin solar cell manufacturing facility, with an investment estimated between $400 million and $425 million, aimed at enhancing the U.S. solar supply chain [1][3] - The first phase of the G2_Austin facility is projected to have an annual capacity of 2.1GW of high-efficiency TOPCon solar cells, surpassing the current U.S. capacity for silicon-based solar cell manufacturing [2][4] - The project is expected to create approximately 1,800 advanced manufacturing jobs in Milam County, Texas, supporting the domestic manufacturing industry and energy security [3][4] Investment and Capacity - The G2_Austin facility is a strategic component of T1 Energy's plan to establish a comprehensive U.S. polysilicon solar supply chain, with the cells produced intended for use in solar modules at the existing 5GW G1_Dallas facility [4] - The second phase of the G2 project is anticipated to add an additional 3.2GW capacity, with potential for further expansion based on demand [5] Company Overview - T1 Energy Inc. is positioned as a leading energy solutions provider focused on building an integrated supply chain for solar and battery technologies in the U.S. [6] - The company completed a significant transaction in December 2024, enhancing its status in the solar manufacturing sector and planning further operational expansions in America [6]
Pivot Energy Secures Over $225 Million from Three Existing Lenders to Advance Community Solar Projects
Prnewswire· 2025-12-17 11:00
DENVER, Dec. 17, 2025 /PRNewswire/ -- Pivot Energy ("Pivot"), a leading national renewable energy provider and independent power producer, today announced three important financing agreements totaling $225 million, showcasing the company's continued momentum and commitment to scaling renewable energy production and distributed generation solar. The financing includes: This announcement follows Pivot's $450 million debt warehouse facility secured last year, which was led by First Citizens and ATLAS and ranks ...
How Trump’s Tax Law Is Actually Hitting U.S. Businesses | WSJ
President Trump achieved a significant victory this summer with the passage of the law known as the one big beautiful bill. I'm Richard Rubin. That's me.I report on US tax policy for the Wall Street Journal. The new law extended tax cuts that were scheduled to expire at the end of this year. It also created new deductions for overtime pay, tipped workers, and senior citizens.And it expanded what's known as salt or the state and local tax deduction. The law also brought some major changes for US businesses. ...
Enphase Energy Expands Safe Harbor Agreement with a Leading TPO Provider
Globenewswire· 2025-12-16 13:00
FREMONT, Calif., Dec. 16, 2025 (GLOBE NEWSWIRE) -- Enphase Energy, Inc. (NASDAQ: ENPH), a global energy technology company and the world's leading supplier of microinverter-based solar and battery systems, today announced a newly expanded safe harbor agreement with a leading solar financing company that offers third-party ownership (TPO) agreements to homeowners, including leases and power purchase agreements (PPAs). The newly expanded safe harbor agreement builds on a prior transaction with this leading TP ...
First Solar: Current Valuation Unsustainable, I'm Not Buying It (NASDAQ:FSLR)
Seeking Alpha· 2025-12-16 07:47
First Solar ( FSLR ) has emerged as the sole winner, it seems, from the many solar and renewable energy companies that were hyped up during 2022. Unlike the others, it actually has a functioning manufacturing capacity, which is whyMy name is Andres Veurink and I have been in the financial markets for over a decade at this point, spending the majority of that in a hedge fund here in Rotterdam, working my way up as an analyst. My work relfect rigourious standards as I myself have a very high standard as to wh ...
FTC Solar Appoints Anthony Carroll to Board of Directors
Globenewswire· 2025-12-15 13:00
AUSTIN, Texas, Dec. 15, 2025 (GLOBE NEWSWIRE) -- FTC Solar, Inc. (Nasdaq: FTCI), a leading global provider of solar tracker systems, software, and engineering services, today announced the appointment of Anthony Carroll to its Board of Directors, effective December 15, 2025. “We are excited to welcome Anthony to the Board,” said Shaker Sadasivam, Chairman of the Board, FTC Solar. “Anthony’s broad renewables experience and proven track record in building and guiding growth businesses will make him a valuable ...