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Acquisitions

Standard Solar acquires 84 MW community solar portfolio in Illinois

Construction of the 14 projects in the portfolio is expected to begin this year.

Venture capital funding in energy storage increases 59% year over year

Mercom Capital reported the U.S. invested $9.2 billion of venture capital in energy storage in 2023.

Scale Microgrids acquires 500 MW of distributed solar projects

The company purchased distributed solar and storage projects across the United States, including in New York and California.

Commercial solar lender Sunstone Credit acquires Orka Finance

The company offers financing for small to medium-sized businesses investing in solar.

Nautilus Solar acquires 16 community solar projects in Illinois  

The community solar specialist expands its footprint into the Midwest with the acquisition of this 75.6 MW portfolio.  

Standard Solar expands into Texas with recent solar acquisition

The 9.9 MW commercial solar project acquired from EDF Renewables North America expands the Standard Solar portfolio to 23 states.

ReVision Energy to acquire Sunbug Solar, expanding Massachusetts footprint

Once the acquisition is complete, Sunbug will operate under the ReVision brand, serving New England customers with all electric technology including solar, heat pumps, EV chargers, heat pump water heaters and battery storage.

Nextracker announces split from majority holder, raises 2024 earnings outlook

Majority holder Flex plans to spin off its remaining interests in Nextracker. Plus, the company raised its earnings guidance for 2024.

Sunrise brief: American Battery Factory breaks ground on $1.2 billion Arizona gigafactory

Also on the rise: TotalEnergies adds a 280 MW Texas solar facility to its portfolio. Sunnova misses on Q3 earnings, posts sunny forecast for 2024. And more.

Duke completes sale of renewables business, renamed to Deriva Energy

As part of Brookfield, Deriva has 5.9 GW of clean energy assets operating and under construction.

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