acquisition

Microinverter supplier Enphase Energy has acquired lead generation company SolarLeadFactory for an undisclosed amount.

US-headquartered solar tracker manufacturer FTC Solar said it was “on the cusp of profitability” after its revenue for Q4 2021 came in above the high end of its recently downgraded guidance.

Independent power producer (IPP) Sonnedix has entered Poland’s solar market with the acquisition of Warsaw-based PV project developer Sun Power Energy.

A consortium led by Macquarie Asset Management is acquiring French independent power producer (IPP) Reden Solar for an enterprise value of €2.5 billion (US$2.7 billion).

US utility Allete is acquiring Maryland-headquartered distributed solar developer and operator New Energy Equity for around US$165.5 million.

EDP Renewables (EDPR) plans to invest S$10 billion (US$7.39 billion) in renewables in the Asia Pacific (APAC) region by 2030 after closing its S$1.1 billion (US$813 million) acquisition of Singaporean developer Sunseap.

French electrical equipment group Schneider Electric has acquired a controlling stake in EnergySage that will see the US-based solar marketplace provider look to scale its business globally.

Having completed its entry into the electric vehicle (EV) sector, microinverter supplier Enphase Energy is now accelerating efforts to develop bi-directional charging to offer a package that benefits homeowners and its installer partners while easing pressure on the grid.

Renewables investor Magnora has acquired 92% of South Africa-based solar and wind project development company African Green Ventures (AGV).

French energy major TotalEnergies is acquiring US solar installer SunPower’s Commercial and Industrial Solutions (CIS) business for US$250 million.