acquisition

PV mounting systems provider Polar Racking has acquired Axsus Solar, adding the Axsus Sol-X single-axis tracker to its product portfolio in the process.

TRC Companies has acquired solar PV and storage engineering company Blue Oak Energy, strengthening its renewable energy capabilities.

EDP has continued its renewables drive in Poland with the acquisition of distributed solar PV installer Zielona Energia.

IPP Onward Energy has entered into a bidding agreement to acquire 1,171MW of operating solar assets from Global Atlantic Financial Group.

Financial services and technology company Nelnet has acquired GRNE Solar, an EPC that designs and installs residential, commercial and utility-scale solar in the US Midwest.

Norwegian energy data and intelligence company TGS has acquired renewable energy asset and real-time data manager Prediktor.

Investor CleanCapital has acquired renewable energy developer BQ Energy, adding 300MW of late-stage solar development to its pipeline.

Management firm Mirova has acquired solar finance business SunFunder in a push to expand its investment platform in emerging markets.

Energy major bp will acquire a 40.5% stake in and become operator of a green hydrogen project in Western Australia that could feature up to 26GW of solar and wind when complete.