Tesla is being investigated by the US Securities and Exchange Commission (SEC) following a claim that the company did not appropriately inform its shareholders and the public about potential fire risks from its solar systems, according to a report by Reuters.
Koch Engineered Solutions (KES) LLC has acquired US engineering, procurement and construction (EPC) firm DEPCOM, which specialises in utility-scale solar PV projects, for an undisclosed amount
Japanese electrical engineering and software company Yokogawa Electric Corporation has acquired all of the outstanding shares of renewable and distributed energy software company PXiSE Energy Solutions LLC for an undisclosed amount
New York authorities have finalised contracts for an US$11 billion infrastructure project comprising 1.8GW of solar and 2GW of wind capacity that would deliver energy from upstate to New York City.
Hit by soaring electricity prices and widespread power outages during a severe cold weather event earlier this year, Texas homeowners have been ramping up rooftop solar and battery storage installs to protect against future blackouts and increase their energy independence.
Renewables developer BayWa r.e. has acquired Beacon Solar, the solar distribution division of Beacon, and will look to “cross-sell” solar and roofing products in the near future as it continues to expand across the US.
Amongst a flurry of M&A activity and new product launches, PV Tech’s Carrie Xiao reflects on the tracker market status quo, the fortunes of China-based tracker manufacturers and what the future might hold for a market that’s set to get even more competitive.
