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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.

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.

500 MW compressed air energy storage project in California secures offtaker

Under a 25-year agreement valued at nearly $1 billion, a California community choice aggregator will purchase 200 MW of 8-hour energy storage from Hydrostor’s planned 500 MW facility.

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Ørsted to commence construction on 471 MW Texas solar project

The facility, which is expected to begin construction this month, ranks within the top ten largest solar projects in the United States.

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.

Massachusetts 1.9 MW rooftop solar array deployed on recycling facility

The 150,000 square foot rooftop array uses CSUN modules, Solectria inverters, and PVKIT rail-less racking hardware and mini clamps from S-5! Inc.

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.

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