iSun invests in commercial solar developer Encore Renewable Energy

Facebook
Twitter
LinkedIn
Reddit
Email
iSun said the deal will further advance its C&I strategy. Image: iSun.

Solar EPC company iSun is investing in US commercial PV project developer Encore Renewable Energy as part of efforts to accelerate its geographic expansion.

The deal will expand iSun’s commercial and industrial (C&I) and utility-scale solar businesses into new markets, said the company, which is continuing its investment strategy after being acquired by EPC Peck earlier this year.

This article requires Premium SubscriptionBasic (FREE) Subscription

Unlock unlimited access for 12 whole months of distinctive global analysis

Photovoltaics International is now included.

  • Regular insight and analysis of the industry’s biggest developments
  • In-depth interviews with the industry’s leading figures
  • Unlimited digital access to the PV Tech Power journal catalogue
  • Unlimited digital access to the Photovoltaics International journal catalogue
  • Access to more than 1,000 technical papers
  • Discounts on Solar Media’s portfolio of events, in-person and virtual

Or continue reading this article for free

Vermont-based Encore focuses on the development and construction of solar and energy storage projects at landfills, brownfield sites, rooftops and carports.

iSun CEO Jeffrey Peck praised Encore’s experience in reclaiming undervalued land for clean energy generation and storage, and revitalising communities by deploying agrivoltaic projects.

“By deepening our long-standing relationship with Encore Renewable Energy, we will gain invaluable insights into new geographic markets which we can use to further advance our C&I strategy,” he said.

For Encore, it is expected the capital infusion from the deal will allow it to more than double its project development pipeline over the next year.

Having entered the utility-scale EPC segment through the purchase of the intellectual property of Oakwood Construction Services, iSun last month completed its US$40 million acquisition of solar installer SunCommon, bolstering its position in the US residential sector.

In an update published earlier this month, iSun said it is continuing to explore immediately accretive M&A opportunities. Boosted by recent deals, the company is forecasting 2022 revenues to be US$165 million.

Read Next

July 4, 2025
Germany’s latest innovation tender has awarded 488MW of co-located capacity, with all the projects being solar PV tied with energy storage.
July 4, 2025
Australian retailer AGL Energy has confirmed its acquisition of South Australia’s Virtual Power Plant (SAVPP) from Tesla.
Premium
July 3, 2025
Meeting the UK’s solar targets will not simply require the installation of new capacity, but investment in grid infrastructure and training.
July 3, 2025
Malaysian engineering and infrastructure giant Gamuda has expanded its presence in the Australian renewables sector by partnering with Tasmanian landowners to build a 1.2GW portfolio, which includes solar PV.
July 2, 2025
The US Senate has narrowly passed – with a 51-50 vote and with vice-president JD Vance breaking the tie – the reconciliation bill yesterday (1 July) without the solar and wind excise tax.
July 1, 2025
Independent power producer (IPP) Arevon Energy has closed a US$600 million credit facility to support its solar PV and energy storage portfolio in the US.

Subscribe to Newsletter

Upcoming Events

Media Partners, Solar Media Events
September 2, 2025
Mexico City, Mexico
Solar Media Events
September 16, 2025
Athens, Greece
Solar Media Events
September 22, 2025
Bilbao, Spain
Solar Media Events
September 30, 2025
Seattle, USA
Solar Media Events
October 1, 2025
London, UK