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Acquisitions

Sol Systems acquires 540MW Illinois solar portfolio from Arevon Energy

Sol Systems will own and operate the portfolio and will work with energy developer Tenaska to develop and construct the projects.

Greenbacker acquires solar project set to power Middlebury College

The 6.5MW South Street solar project, has a power purchase agreement in place with Middlebury College, and will meet 30% of the College’s annual electricity demand.

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.

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