The non-binding agreement with Impact Clean Power covers batteries produced through 2030 and may be worth $1.8 billion.
The South Korean partners will invest in ESS-exclusive battery production lines in the U.S. and develop technologies for ESS battery solutions.
The Moloka’i Island projects have combined output of 2.45 MW community solar and 11.1 MWh storage systems.
Tigo’s new capital is from L1 Energy, an investment fund of LetterOne (L1), which manages $6 billion in energy investments worldwide.
Flex announced that its subsidiary, Nextracker, has publicly filed a registration statement for an initial public offering.
Also on the rise: Renewable energy commercialization center to be built next to NREL. GameChange Solar launches 1P-2Row Genius Tracker. And more.
The State of Colorado selected NexCore to build the 40-acre Glo Park renewable energy center.
This is the third recent product launch by the U.S. tracker manufacturer, which also announced increased domestic manufacturing capacity to 24 GW annually.
Two programs aim to bring solar energy to those who often find it unaffordable.
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.
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