The clean energy developer and long-term asset owner acquired NextEra’s portfolio of operating solar and energy storage assets, a pipeline of projects across 25 states and brought in a team of NextEra professionals.
Solar Servicing LLC, the acquirer, said there are no plans to originate new solar loans, but for loans that were partially funded as of the bankruptcy filing, a team will support system installers and loan owners as they work towards a resolution.
A reformulated, longtime top-tier brand, SunPower says its acquisition of a Utah-based residential solar company will expand its sales presence from 22 to 45 states.
Nextracker has acquired U.S. steel solar frame maker Origami Solar for $53 million, expanding into panel frame production to accelerate installations, support local supply chains and improve system durability.
SunStrong said it is now among the largest residential solar asset managers now that it is in charge of Sunnova’s assets and operations.
Schneider Electric is expected to merge WattBuy’s capabilities with its subsidiaries EnergySage and Qmerit to deliver an end-to-end customer experience for residential solar, EV integration, home electrification and more.
FlexGen’s acquisition of Powin marks a major shake-up in the US battery storage industry, as market leaders face financial pressure, policy uncertainty, and shifting supply chain dynamics. Meanwhile, long-duration storage player ESS Inc. fights for survival amid early signs of commercial traction.
Zeo Energy Corp. completed its merger with Heliogen, which builds concentrated solar power towers.
Solar project milestones and portfolio finance updates for projects small and large on both sides of the meter across the United States.
Under the name American Panel Solutions, Corning will expand its footprint by manufacturing solar modules to serve the U.S. solar industry.
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