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.
Private equity firm EQT has struck a deal to acquire US-based solar and storage developer Cypress Creek Renewables from investment firms HPS Investment Partners and Temasek.
Irish independent power producer Alternus Energy Group has acquired a 60% stake in solar developer Unisun Energy, adding 250MW of PV projects in the Netherlands at various stages of development to its portfolio.
US residential solar installer Sunrun is to acquire rival Vivint Solar as part of a US$3.2 billion all-stock deal that constitutes a major shake-up for the US solar market.
US$6.1 billion deal for owner of 4.4GW of wind and solar gets thumbs up from investors despite loud opposition from minority shareholder Water Island Capital.
Union of French firms will allow Voltalia to strengthen its offering to third party clients and Greensolver to leverage operational efficiencies and a larger business network.
The acquisition follows Shell's purchase of Aussie electricity retailer ERM Power in late November and is part of the oil major's drive to establish a "one-stop energy shop" down under.
