m&a

Corporate funding in the global solar sector in the first half of 2021 was up almost threefold year-on-year, according to a new report from Mercom Capital Group.

Certification company Applus+ has completed its acquisition of Enertis, a Spain-based engineering, consulting and inspection services provider focused on the solar PV sector.

VDE has acquired a 70% stake in certification and testing company Renewable Energy Test Center (RETC), strengthening the technical organisation’s position in the renewables sector.

Investment firm Partners Group has agreed to acquire a controlling stake in Dimension Renewable Energy, a US-based distributed energy platform focused on community solar and battery storage.

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.