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Acquisitions

Sunrise brief: Supply chain constraints continue to drive up solar contract prices

Also on the rise: Nitricity’s plasma reactor produces fertilzer with solar energy. Standard Solar acquires community solar project in Maryland. SIRC expects to realize big revenue boost from seven acquisitions. CS Energy deploys trackers in the Northeast, a region not known for tracker deployment.

Standard Solar acquires 2.9 MW community solar project in Maryland

New community solar farm brings Maryland closer to achieving its goal of 50% energy from renewables by 2030.

Solar Integrated Roofing announces seven acquisitions

The solar power and EV charging installer expects to realize over $78 million in incremental revenue from the addition of EPC specialists, construction experts, roofing installers and more.

Array Technologies acquires STI Norland

The merger is touted as creating the world’s largest tracker company, and the move is expected to accelerate Array’s international expansion efforts.

Standard Solar acquires 28.5 MW commercial solar project in Idaho

One of its largest acquisitions to date, Standard Solar gains the fully operational Mountain Home project from True Green Capital Management.

Appalachian Power looks to add 300 MW of solar over the next three years

The utility has released its short-term energy plan, as required by the Virginia Clean Economy Act.

Sunrise brief: Palmetto captures PV potential of roughly 75% of U.S. rooftops

Also on the rise: Aerial inspection and site data service provider, Heliolytics, acquired by NovaSource. Solar panel recycling firm teams up with Solaris. Investment gets Texas PV developer IndustrialSun ready for launch. Community solar moves forward in Illinois. International team of researchers develop solar-powered hydrogen energy platform.

NovaSource acquires Heliolytics

The deal was made as part of NovaSource’s goal to expand its suite of full lifecycle services in renewables operations and maintenance.

Modern Energy invests $30 million in launch of Texas PV developer

Industrial Sun is expected to begin its launch and multi-year deployment following the investment. The company focuses on developing large-scale solar projects for high-energy commercial and industrial customers.

Sunrise brief: Ohio regulators set hearing for proposed 350 MW solar project

Also on the rise: PosiGen, a provider of solar PV and energy efficiency solutions to low-to-moderate income households announced the close of a $100 million preferred equity financing. iSun receives its largest order yet for solar canopies for EV charging stations. Recurrent Energy completes sale of Firefly Energy solar project in Virginia.  Solar Energy World, energyOrbit, and Fusion Fuel Green announce new hires.

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