m&a

Energy company ERG’s board of directors have approved a plan to invest €1.9 billion (US$2.31 billion) to add 1.5GW of renewable energy capacity to its portfolio.

There was a more than fourfold increase in corporate solar funding in Q1 2021 compared with the same quarter last year, amid strong demand for PV assets globally, according to new analysis by Mercom Capital.

Longroad Energy to acquire ~900MWdc of solar, with battery storage additions also to be considered.

Enphase Energy has closed the acquisition of software firm Sofdesk, bolstering its digital offering with the addition of solar system design software.

Shoals Technologies Group, an electrical balance of systems (BOS) solutions provider for solar and storage projects, has announced the launch of its Initial Public Offering (IPO).

Renewable energy fund manager Glennmont Partners has been acquired by global investment manager Nuveen.

Corporate investment in solar projects reached US$10 billion in the second half of last year, recovering from economic shock induced by COVID-19, new research by Mercom has revealed.

US-based renewables components manufacturer Gibraltar Industries has clinched a US$220 million deal to acquire solar racking provider TerraSmart.

A round-up of the latest news from the US solar market, including developments from Cubico and US Solar Fund.

The acquisition of Solarcentury and its PV project pipeline represents a “big step up” for Statkraft as it looks to become one of the world’s leading renewable companies in the next five years, CEO Christian Rynning-Tønnesen has said.