acquisition

Solar PV solutions provider Nextpower has entered into a definitive agreement to acquire BESS system integrator Prevalon Energy for up to US$365 million.

PowerBridge Networks has acquired more than 50 Enphase Energy patents tied to distributed energy, inverter and grid infrastructure technologies.

Inox Clean Energy has completed the acquisition of US solar manufacturer Boviet Solar Technology in a deal valued at around US$750 million.

Nextpower is set to acquire the power conversion assets of Spain-based Zigor Corporation and its US subsidiary, Apex Power.

CIP has acquired Orsted’s European onshore portfolio with 826MW of operational and under-construction capacity. 

Inox Solar has entered into an agreement with Chinese technology and manufacturing firm Ningbo Boway Alloy Material to acquire all the equity stakes of its US subsidiary Boviet Solar Technology.

Vikran Engineering has agreed to acquire a 49% equity stake in NOPL Solar Projects Private Limited for INR49 million (US$508,101).

Indian module manufacturer Saatvik Green Energy has acquired an 80% equity stake in Melcon Transformers and Electricals.

BrightNight has acquired a 6GW portfolio of projects previously held under its joint venture with Canadian asset manager Cordelio Power.

Iberdrola is set to acquire a 42MW solar PV plant in Lazio, Italy, taking its total installed renewable capacity in the country to 400MW.