Over the last six months, two major US utilities – American Electric Power (AEP) and Duke Energy – have been selling off their commercial solar PV assets to private investment groups and consolidating their operations in regulated markets.
According to Syliva Levya Martinez, principal analyst of North American utility-scale solar at Wood Mackenzie: “These are not the last of these types of transactions we’re going to see”.
US cadmium telluride (CdTe) thin film solar module manufacturer First Solar has acquired a new facility in Ohio to support its distribution operations.
Distributed energy platform Scale Microgrids has acquired over 500MW of community solar and energy storage projects across several states in the US from Netherlands-based developer Gutami.