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Markets & Policy

Tigo Energy raises $50 million from L1 Energy

Tigo’s new capital is from L1 Energy, an investment fund of LetterOne (L1), which manages $6 billion in energy investments worldwide.

Nextracker to go public

Flex announced that its subsidiary, Nextracker, has publicly filed a registration statement for an initial public offering.

Sunrise brief: Construction begins on one of the largest solar projects in the U.S.

Also on the rise: Renewable energy commercialization center to be built next to NREL. GameChange Solar launches 1P-2Row Genius Tracker. And more.

Colorado renewable energy research and commercialization center to neighbor NREL campus

The State of Colorado selected NexCore to build the 40-acre Glo Park renewable energy center.

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GameChange Solar launches 1P-2Row Genius Tracker

This is the third recent product launch by the U.S. tracker manufacturer, which also announced increased domestic manufacturing capacity to 24 GW annually.

Green Mountain Power launches solar program for low-income residents

Two programs aim to bring solar energy to those who often find it unaffordable.

2022 saw a drop in solar funding, strong rise in acquisitions

Mercom reports that it was the second highest year for solar mergers and acquisitions, with an estimated 66 GW of solar projects sold to new buyers in 2022.

Sunrise brief: Duke Energy carbon plan sells ratepayers short 

Also on the rise: Mexico could reach its goal of 35% clean electricity by 2024. Trina Solar’s new 6.5 GW Vietnam wafer plant to exclusively supply U.S. market. And more.

Duke Energy carbon plan sells ratepayers short

By unreasonably limiting Duke’s near-term procurement of clean, low-cost solar resources, the Commission’s order will increase costs for ratepayers and delay reductions in Duke’s carbon emissions.

Seattle surpasses 1,000 heat pump rebates as the city curbs emissions

Urban residents are eligible to receive rebates of up to 3,500 for switching from oil to electric heat pumps.

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