Management buyout at 8minutenergy

Facebook
Twitter
LinkedIn
Reddit
Email
Source: 8minutenergy.

The largest independent solar power developer in the US, 8minutenergy, revealed a change of ownership over the weekend.

The company’s co-founder Tom Buttgenbach has led a management buyout of the shares of fellow co-founder Martin Hermann. Buttgenbach will now add the role of CEO to his current responsibilities as president.

This article requires Premium SubscriptionBasic (FREE) Subscription

Unlock unlimited access for 12 whole months of distinctive global analysis

Photovoltaics International is now included.

Not ready to commit yet?
  • 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 deal is effective immediately.

“There has never been a more exciting time in the US energy market,” said Tom Buttgenbach. “The industry’s transforming to where renewables will be the dominant form of power now that generation costs are lower than fossil fuels. This evolution will be led by large-scale solar and storage projects, and 8minutenergy will continue to be at the vanguard of the industry.”

The company claims to have more than 10GW of solar and storage in development and holds 1.1GW of operational assets.

“I am proud that we have been able to set a number of industry-firsts, most recently with the first utility-scale power plants with bi-facial modules on single-axis tracker,” said Martin Hermann, founder, 8minutenergy. “We have also set a number of price records for PPAs in the US, most recently with the Eagle Shadow Mountain project.”

7 October 2025
San Francisco Bay Area, USA
PV Tech has been running an annual PV CellTech Conference since 2016. PV CellTech USA, on 7-8 October 2025 is our third PV CellTech conference dedicated to the U.S. manufacturing sector. The events in 2023 and 2024 were a sell out success and 2025 will once again 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 in the U.S. out to 2030 and beyond.
21 October 2025
New York, USA
Returning for its 12th edition, Solar and Storage Finance USA Summit remains the annual event where decision-makers at the forefront of solar and storage projects across the United States and capital converge. Featuring the most active solar and storage transactors, join us for a packed two-days of deal-making, learning and networking.
16 June 2026
Napa, USA
PV Tech has been running PV ModuleTech Conferences since 2017. PV ModuleTech USA, on 16-17 June 2026, will be our fifth PV ModulelTech conference dedicated to the U.S. utility scale solar sector. The event will gather the key stakeholders from solar developers, solar asset owners and investors, PV manufacturing, policy-making and and all interested downstream channels and third-party entities. The goal is simple: to map out the PV module supply channels to the U.S. out to 2027 and beyond.

Read Next

August 21, 2025
Canadian Solar shipped 7.9GW of modules in the second quarter of this year, a 14% quarter-on-quarter increase.
August 21, 2025
The US Energy Information Administration (EIA) has forecast that the US will add 33.3GW of utility-scale solar PV in 2025.
August 21, 2025
National Thermal Power Corporation (NTPC), through its renewable energy arm NTPC Green Energy, has commissioned 212.5MW of solar capacity at its 1.25GW Khavda-I project. 
August 20, 2025
Blueleaf Energy has signed an MoU with Chemsain Sustainability to explore a portfolio of up to 3GW of solar PV and BESS in Malaysia.
August 20, 2025
Solar manufacturer T1 Energy has signed a 437MW module supply agreement with an as-yet undisclosed US utility.
August 20, 2025
USDA has announced that new wind and solar projects on agricultural land will not be eligible for two federal loan programmes.

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