acquisition

September 14, 2022
US energy software-as-a-service (SaaS) company Enverus has acquired Madrid-headquartered PV software provider RatedPower, broadening its portfolio of solutions in the solar industry.
September 13, 2022
Vehicle electrification solutions provider XL Fleet has acquired Spruce Power, an owner and operator of residential rooftop solar systems in the US with more than 52,000 subscribers across 16 states.
September 8, 2022
Lithuanian government-owned utility and renewables developer Ignitis Group has acquired a Latvian renewables company which is developing a 200MW wind and solar project in the country.
September 7, 2022
Pay-as-you-go solar company Bboxx has gained access to four additional African markets with the acquisition of distributed energy resources provider PEG Africa.
September 6, 2022
Indian conglomerate Reliance Industries has acquired a 79.4% stake in US PV software developer SenseHawk via a US$32 million investment.
September 1, 2022
Microinverter supplier Enphase Energy is bolstering its home energy management offering with an agreement to acquire German software provider GreenCom Networks and a tie-up with Home Connect, a digital platform that allows home appliances to be managed with an app.
August 31, 2022
Inline solar cell measurement equipment specialist Aurora Solar Technologies (AST) has acquired PV equipment specialist BT Imaging for 63 million in common shares and over US$1.2 million in cash.
August 30, 2022
Swiss renewables investor Smartenergy has acquired a majority stake in Rewatt, a Portuguese solar developer focused on the rooftop commercial and industrial (C&I) market.
August 1, 2022
US solar and energy storage developer Borrego has completed the previously announced spin off and sale of its development business to energy transition investor ECP for an undisclosed amount, with the new company being renamed as New Leaf Energy.
July 29, 2022
Supply traceability firm Clean Energy Associates (CEA) has been acquired by British testing, quality assurance and certification company Intertek as it looks to provide Total Quality Assurance (TQA) solutions for solar PV and energy storage products.

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