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Middle East

Enlight Renewable Energy to go public on Nasdaq exchange

Enlight is a renewable energy developer based in Israel that has an active operational portfolio and development pipeline of 17 GW solar and wind farms plus 15.3 GWh of storage in nine countries, including 17 U.S. states.

SolarEdge ships battery cells to stationary energy storage market

The global inverter and storage manufacturer began shipping NMC pouches from its Sella 2, South Korea production line.

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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.

Novel ice dispatch energy storage systems to be deployed for building decarbonization

Modular cold energy storage projects are in line for a DOE-supported loan for the installation of a 120-building energy storage portfolio in California and various other states.

Kayne Anderson Capital launches renewable energy index fund

With experience in the midstream oil and gas segment, Kayne Anderson is launching an index fund for listed renewable energy infrastructure companies.

Tigo Energy acquires predictive data analytics company FSIGHT

FSIGHT brings AI-driven analytics and prediction capabilities to Tigo, helping the company monetize smart meter data.

SolarEdge launches new power optimizers for commercial solar

The Israel-based power electronics specialist has unveiled two new optimizers. Both have a rated input DC power of 1,2 kW, maximum efficiency of 99.5%, and weighted efficiency of 98.8%.

SolarEdge investigated for alleged patent violation

The U.S. International Trade Commission launched the investigation following a lawsuit from power electronics competitor Ampt.

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SolarEdge expects to break more records in Q1

SolarEdge has reported record revenue in its latest three-month update and expects to have even more business in the second quarter, even if gross margin and profit has declined.

Saudi Arabian module manufacturer to enter US market

The company currently has a manufacturing capacity of 110 MW, which is planned for expansion to 1 GW by 2023.

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