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Acquisitions

Goldman Sachs and Cleanhill Partners acquire majority stake in EPC Power

With clean energy installations projected to skyrocket, the two financial powerhouses value EPC Power’s position in the evolution of the industry.

Solar site imagery software provider SiteCapture forms new alliance

The mobile residential solar photo capturing software provider was acquired by FotoNotes, and the two will now operate under the name SiteCapture.

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Reliance Industries to acquire majority stake in U.S. solar startup

Reliance Industries is set to buy 79.4% of US-based SenseHawk, which provides software-as-a-service (SaaS) solutions for process optimization, automation, and asset information management across the solar asset lifecycle.

Pivot Energy acquires Maryland-based community solar developer, SGC Power

The acquisition by Pivot Energy will enable SGC to enter new markets and increase value to their property owners.

Borrego spin off, ECP, rebrands as New Leaf Energy

Solar and energy storage development business to operate as New Leaf Energy, an independent arm of ECP focused on distributed generation and utility-scale projects in the US.

Equinor acquires energy storage developer in the US

Battery storage is key to Equinor’s strategy of supporting its portfolio of offshore wind, upstream oil and gas, as well as future opportunities in the hydrogen and renewables space.

Canadian Solar sells two Australian solar farms to US interests

Chinese-Canadian PV heavyweight Canadian Solar has for an undisclosed sum offloaded two of its Australian utility scale solar power projects with a combined generation capacity of 260 MW to an offshoot of United States renewable energy giant Berkshire Hathaway Energy.

Nelnet acquires GRNE Solutions

The acquisition expands Nelnet into engineering, procurement, and construction services, with additional offerings in battery backup, electric vehicle charging, energy monitoring, and operations and maintenance services.

Onward Energy purchases 1.1 GW operational solar portfolio

In its largest single investment in renewables, the independent power producer acquired 100% of the cash equity interests in the portfolio from Global Atlantic.

Sunrise brief: Delaware launches free solar panel program for low-income households

Also on the rise: Aerial inspection of solar plants goes mainstream. Faster, lower-cost interconnection by combining ERCOT, MISO, PJM approaches. CleanCapital acquires BQ Energy. And more!

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