Mercury Solar Systems, a leading solar integrator in the United States, has announced that it has acquired K-Star Solar, leading residential solar installer of Long Island.
This move will make Mercury’s presence in the Northeast far more prominent as well as adding to the ever-growing solar market spectrum.
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
Jared Haines, President, Mercury Solar Systems said of this acquisition, “Long Island is an important market for us with Long Island Power Authority ranked as one of the top ten solar utilities in the country. With K-Star we have an instant footprint in this market and we believe together we can offer commercial and residential customers cutting edge, highly efficient solar solutions at affordable prices.”
After the close of this deal K-Star Solar’s President, Kevin P. Harvey will join Mercury’s Long Island team as Divisional president. The merged company will be collectively known as Mercury Solar Systems.
“Mercury Solar Systems is one of the key players in this market with in-depth commercial and residential solar experience, a strong sales and operational team and an expansive list of products and services,” said Kevin P. Harvey.
Although this acquisition seems to be in the final stages, financial terms have not been disclosed.