acquisitions

Australian renewables developer Genex Power has received an unsolicited takeover offer from two investment firms.

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.

Investment management firm Axium Infrastructure has acquired Boston-based solar and energy storage developer BlueWave, its first acquisition of a renewables developer.

French energy major TotalEnergies has acquired solar developer Core Solar and its 4GW portfolio of development solar and battery storage assets.

Aerial imaging company DroneBase has acquired India-based AirProbe, a provider of artificial intelligence-enabled analytics of solar inspection data.

Japanese power company J-Power has acquired a 10% stake in renewables and pumped hydro developer Genex Power through its Australian subsidiary JPGA Partners.

In this project round-up, NextEnergy makes acquisitions in Portugal and Chile and BayWa r.e. sells two solar sites in Malaysia to local power producer reNIKOLA Sdn Bhd.

A round-up of the latest news from the US and Canadian solar market, including developments from the Solar Energy Industries Association, Canadian Solar, and Sun Dollar.

Solar investor NextEnergy Capital has made its first play into Portugal's solar market with the acquisition of a 17.4MWp project.

Alliant Energy is to acquire and advance 675MW of solar across Wisconsin, US, as it moves forwards with its Clean Energy Blueprint.