acquisitions

LONGi has acquired system integrator PotisEdge, and plans to launch an ‘Energy Storage One-Stop Solution’.

T1 Energy and Nextracker have agreed to use the latter’s steel module frames at the former’s new 5GW module manufacturing facility in Dallas.

Global investor KKR has acquired 50% of a 1.4GW solar portfolio in North American from French oil major TotalEnergies.

Spanish IPP Velto Renewables has acquired a portfolio of 53 operational solar assets in Spain with a combined capacity of 260MW.

Eternal Sun has acquired German solar simulator provider Wavelabs, which has resulted in the formation of a new subsidy, Wavelabs Eternal Sun.

Colombian energy supplier Celsia has acquired a 375MW solar PV portfolio in Colombia from renewables developer Mainstream Renewable Power.

The IPP has a renewables portfolio of 1.9GW solar, wind and energy storage capacity operational or under construction.

The company increased its shareholding from 49% to 65% through an agreed capital increase and assumes the role of majority shareholder.

Indian solar module manufacturer Waaree Energies has entered in a share purchase agreement with Italian renewables company Enel Green Power Development for the acquisition of its Indian subsidiary.

Investment firm EQT has acquired US-based distributed energy company Scale Microgrids for an undisclosed amount.