Mitsubishi completes acquisition of renewables trading firm ElectroRoute

Facebook
Twitter
LinkedIn
Reddit
Email
The acquisition will further ElectroRoute’s expansion and growth in Europe and Japan. Image: Markus Spiske via Unsplash.

Mitsubishi Corporation has completed the acquisition of remaining shares of renewables trading firm ElectroRoute.

The transaction will further the company’s strategy of expansion and growth both in Europe and Japan, while ElectroRoute’s existing management team will remain in place.

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

The Japanese conglomerate had first bought a controlling stake in the trading firm in 2016 which helped its expansion in the Japanese market in 2020, such as its participation in a power purchase agreement (PPA) between Amazon and Mitsubishi last year.

The trading company was established in 2011 and is currently located in Ireland, the UK, Europe and Japan and has a team of 90 professionals who provide trading services to renewable assets, including batteries, in 14 different energy markets through its trading platform ElectroRoute CORE.

Ronan Doherty,  co-founder and executive director at ElectroRoute, said: “This transaction highlights Mitsubishi’s commitment to ElectroRoute and will allow us to continue to provide innovative energy trading solutions necessary to enable the decarbonised energy economy in Europe and Japan”.

2 December 2025
Málaga, Spain
Understanding PV module supply to the European market in 2026. PV ModuleTech Europe 2025 is a two-day conference that tackles these challenges directly, with an agenda that addresses all aspects of module supplier selection; product availability, technology offerings, traceability of supply-chain, factory auditing, module testing and reliability, and company bankability.
10 March 2026
Frankfurt, Germany
The conference will gather the key stakeholders from PV manufacturing, equipment/materials, policy-making and strategy, capital equipment investment and all interested downstream channels and third-party entities. The goal is simple: to map out PV manufacturing out to 2030 and beyond.

Read Next

Premium
August 6, 2025
PV Talk: LevelTen’s Andrés Acosta discusses how an oversupply of clean projects is shaping Europe’s PPA market.
August 6, 2025
A subsidiary of JinkoSolar has filed a lawsuit in Munich accusing LONGi Green Energy and several subsidiaries of infringing on a solar cell manufacturing patent.
August 5, 2025
NextEnergy Capital (NEC), through NextPower V ESG, has acquired a 73MW agriPV portfolio in Campania, Italy.
August 5, 2025
Sonnedix and Prosolia have acquired projects, while Iberdrola has signed a 34MW PPA with Burger King covering 109MW total.
August 1, 2025
The Q3 edition of our downstream solar PV journal, PV Tech Power, is now available to download.
Premium
August 1, 2025
Sustained private investment into UK solar is starting to produce results, at least with regard to the role of solar power in its energy mix.

Subscribe to Newsletter

Upcoming Events

Solar Media Events
September 16, 2025
Athens, Greece
Solar Media Events
September 30, 2025
Seattle, USA
Solar Media Events
October 1, 2025
London, UK
Solar Media Events
October 2, 2025
London,UK
Solar Media Events
October 7, 2025
Manila, Philippines