The acquisition brings together two privately held multi-generational businesses with more than 170 years of combined operational history.
Octopus Energy will acquire a solar and storage project in California that is expected to be operational by July as part of its investment. The UK-based company, active across major markets in Europe, Australia, China and the United States, says California’s clean technology sector will “bring innovation, growth and returns to the UK.”
The company, known for its “one-stop shop” solar solutions, says it will integrate the former autonomous mowing company’s technology into its Plant Wide Controller (PWC) network.
Steward Creek Solar project includes a 600 MW interconnection agreement and capacity for battery storage.
A federal judge approved the asset sale this week following a bankruptcy auction for the Oregon solar and storage site.
Otovo, a European solar operations and maintenance service firm headed by former Sunnova CEO, enters California residential market with acquisition of Solar Service Professionals.
The $285 million acquisition of utility-scale assets follows a Chapter 11 filing by the major North Carolina developer as it navigates a restructuring process for its development pipeline.
Google is set to acquire the solar and storage developer, arming itself with the tools to bypass grid bottlenecks and build the projects that will power its AI datacenters.
The national solar provider acquired the commercial and community scale engineering procurement and construction firm.
Dispatch Energy’s acquisition of Green Lantern Solar extends its reach into community and commercial-scale solar markets, focusing on brownfields and state-level policy.
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