m&a

Singapore-based developer Sunseap Group has acquired a minority stake in Australian commercial and industrial (C&I) solar EPC company Todae Solar.

Inverter and smart energy manufacturer SolarEdge has acquired the Italian e-mobility firm SMRE.

Energy giant Shell has increased its global solar footprint with the acquisition of a 49% stake in Cleantech Solar, a Southeast Asia and India-focused solar company.

Canadian Solar has completed its acquisition of two small solar units of Suzlon Energy for a total of INR544 million, according to a Suzlon filing on the Bombay Stock Exchange (BSE).

Tunisia delays 70MW solar tender, Greenko completes acquisition of Orange Renewable and agrees to acquire Skeiron assets, Northern Territory approves 25MW solar project

Valmont Industries has acquired a majority ownership in Convert Italia SpA, a designer and provider of engineered solar tracker solutions.

A Saudi Arabian conglomerate has taken a 50% stake in the German developer and PV investor Greencells.

French energy major Total has completed the acquisition of a 73.04% stake in gas and renewable power provider Direct Energie.

Australia-based firm Carnegie Clean Energy Limited plans to sell its solar, storage and micro-grid division to Tag Pacific Limited, which will result in the formation of a significant EPC company.

Madrid-headquartered PV developer Dhamma Energy has closed the sale of a 37MW ready-to-build solar project located in the Mexican state of San Luis Potosi to asset manager Balam Fund.