Community solar giants Perch Energy, Arcadia announce merger
The merger stands to be the largest pure-play community solar acquisition in the U.S.
Renewable energy project acquisitions continue to slow
Under a “higher for longer” interest rate environment, renewable energy project M&A have shifted away from the “scattershot” approach of a formerly cheap capital environment to a more cautious approach, said a report from LevelTen Energy.
Canada’s ‘Gas City’ downsizes 325 MW solar project
Medicine Hat, Alberta decided to drop a 325 MW solar project planned to be installed on contaminated lands down to 75 MW.
National Grid divests U.S. renewables business in $1.7 billion deal
Brookfield Asset Management agreed to purchase National Grid’s renewable energy business, including its utility-scale solar, onshore wind and battery-storage U.S. assets.
Commercial solar provider Altus Power acquired for $2.2 billion
TPG acquired the business through its Rise Climate investment platform. Upon approval, the company will transition from a publicly-traded business to a privately-held one.
ContourGlobal secures 446 MW solar portfolio from Qcells
The independent power producer acquired utility-scale solar projects in Colorado and Virginia.
Sunrise brief: Where does solar stand in Trump’s ‘all the above’ energy policy?
Also on the rise: Clean hydrogen set for commercial liftoff by 2030. $50 billion solar land boom in Texas. And more.
Wholesale electricity prices lower and more stable in 2024
Wholesale electricity prices were lower in 2024 than 2023, with less price volatility, as solar and battery energy storage expands, and lower natural gas prices stabilize major markets in the U.S.
ABB recent acquisitions expand reach into renewables
As a global company that specializes in electrification and automation, ABB’s acquisition of Lumin and Gamesa Electric’s inverter and converter segment, expands its repertoire serving the buildout of clean energy technologies.
Kinematics acquires Spanish solar tracking controller specialist
The acquisition of P4Q brings Kinematics expertise in full-stack electronics, including its tracker controls brand, Suntrack.
