mergers and acquisitions

Chinese solar manufacturer Tongwei has ended its plan to acquire a controlling stake in fellow Chinese manufacturer Runergy.

Struggling Swiss solar manufacturer Meyer Burger has successfully extended its loan bridge facility until 21 February 2025.

“As the market develops, there’s more sophisticated views of the market,” said Aldevinas Burokas at Solar Finance & Investment Europe 2025.

Struggling Swiss solar manufacturer Meyer Burger has started a mergers and acquisitions process with interested third-party buyers.

The acquisition is part of the company’s plan to invest over €1 billion (US$1 billion) in French clean energy by the end of 2025.

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.

With the close of this deal, LS Power takes ownership of 44 solar PV and wind projects across North America.

TotalEnergies has sold a 50% stake in a 2GW US solar and energy storage portfolio and acquired German renewable energy developer VSB Group.

MA Solar Italy, a subsidiary of McLaren, acquired FIMER for an undisclosed fee amid challenges for the inverter market.

Masdar acquired 70% of Terna Energy’s outstanding shares at €20 per share, valuing the company at an enterprise value of €3.2 billion.