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Acquisitions

Solar and chip titan back in groove overhauling SunPower

T.J. Rogers, founder of former Cypress Semiconductor is forging global strategic alliances and hunting acquisition targets to restore the SunPower brand to solar-business greatness.

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Residential solar installer Zeo to acquire thermal storage specialist Heliogen

Heliogen develops AI-controlled concentrated solar power towers that store thermal energy for long-duration storage and dispatch.

Solar developer Emeren evaluates buyout, CEO steps down

Emeren Group specializes in community and utility-scale solar and energy storage project development, construction and financing.

Engie sells stake of 900 MW renewable portfolio

The portfolio includes three solar projects and an energy storage project across the ERCOT and Miso regions.

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.

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