Acquisitions

After this initial acquisition of 151 MW, the European independent power producer plans to build a portfolio of up to 2 GW in the U.S. by 2030.

The middle-market investment firm agreed to acquire approximately 70% of UGE shares.

The two projects include Steel Sun II, located on the former Bethlehem Steel site on Buffalo’s waterfront and the Homeridae project, one of two solar arrays in Olean sited on a former oil refinery and tank farm.

Jera Nex has purchased two US solar arrays totaling 395 MW from Lightsource bp. The acquisition marks Jera Nex’s first deal since it launched in April. Lightsource bp will continue to manage assets and provide maintenance services at the projects.

Also on the rise: Global energy spending is set to surpass $3 trillion for the first time this year. Generac acquires microgrid controller specialist Ageto. And more.

The company previously known for generators and battery backup systems, moves further into the C&I market with the acquisition of Ageto.

Also on the rise: The evolving art and science of agrivoltaics. Renewables “cheaper and faster” than methane, says nation’s largest utility. And more.

KKR, a leading global investment firm, acquired the utility-scale solar and storage developer and closed a $522 million development facility to advance Avantus’ pipeline.

Lyra provides permit packaging software that automates permit-ready solar designs.

Also on the rise: Global solar installations to nearly quadruple by 2033. Vineyard installs solar to keep distillery warehouse cool. And more.