PV project developer Enfinity rumoured to be bought by SunEdison arm

Facebook
Twitter
LinkedIn
Reddit
Email

Market research firm IHS believes that Belgium-based PV project developer and systems integrator, Enfinity has been taken over by American investment group EverStream Energy Capital Management, established by SunEdison.

IHS said that Enfinity had close to 100MW of ‘advanced project stage opportunities’ and was ranked as the 8th largest PV system integrator globally, by installation volume of around 400MW.

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 Enfinity take-over, according to Senior Solar Analyst Josefin Berg at IHS indicates expansion challenges for Europe-based PV companies.

IHS expects Europe to install 11.5GW of PV in 2013, down from 21.5GW in 2011, which is being treated as the peak year.

However, the move by EverStream could be part of SunEdison’s continued pipeline building, centred on smaller-scale PV projects in regionally disburse regions that can funded, built and sold faster than larger-scale projects.

IHS expects SunEdison will be the world’s fourth largest PV system integrator in 2013.
 

Read Next

Premium
July 15, 2025
Virtual power plants are emerging as a potentially critical means of meeting the growing power demands from data centres in the US.
July 15, 2025
D.E. Shaw Renewable Investments (DESRI) has started construction at a 150MW solar-plus-storage project in the US state of New Mexico.
July 15, 2025
The US Department of Commerce (DoC) has initiated an investigation into the imports of polysilicon and its derivatives.
July 15, 2025
Indian renewable energy company SAEL Industries is developing a 5GW solar cell and 5GW module manufacturing facility in Greater Noida, Uttar Pradesh.
July 15, 2025
Greater policy clarity will be needed if Germany is realise its FPV potential, according to a report from Fraunhofer ISE.
July 15, 2025
Poland has awarded 1.6GW of solar PV in this year’s renewable energy auction, according to the country’s Energy Regulatory Office.

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