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Acquisitions

Tesla sells Maxwell Technologies but keeps its dry cell tech for lithium-ion batteries

Tesla acquired the supercapacitor maker in 2019, but has since moved on and sold the unit to UCAP-Power, while keeping the company’s dry electrode tech.

Sunrise brief: DOE aims to cut long-duration storage costs by 90% in a decade

Also on the rise: Altus Power is being acquired and will be NYSE-listed as “AMPS”, and Universal Hydrogen signs letters of intent to convert commercial aircraft to hydrogen.

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Enel buys 3.2 GW solar development portfolio

The development-stage projects, including 450 MW of storage capacity, are planned for commercial operation beginning in 2023.

Sunrise brief: Ohio has public hearings for 350 MW of solar

Also on the rise: Solar Alliance and Boyd CAT form a partnership and open an office in Kentucky, Heliogen and Athena Technologies announce business combination, NYSE listing.

VDE acquires Renewable Energy Test Center

The move will exponentially expand RETC’s testing capabilities, adding value to VDE’s existing bankability and reliability assessment services.

Sunrise brief: EQT Infrastructure acquires Cypress Creek Renewables

Also on the rise: nearly 1 GW of solar has been proposed for development in Louisiana, Generac acquires an American microinverter manufacturer, and EVgo goes public.

Sunrise brief: IRS extends ITC safe harbor for solar projects, offering ‘much-needed breathing room’

Also on the rise: Crossover Energy inks deal with KKR, EPRI to address extreme weather reliability issues, Nautilus Solar buys community solar projects, LS Power completes solar asset acquisition, and VDE takes a stake in testing firm RETC.

Sunrise brief: Arevon opens 100 MW/400 MWh battery energy storage facility in California

Also on the rise: Partners Group takes a controlling stake in Dimension Renewable as FTC Solar exits, Koch unit buys into a battery company, AltaSea plans a 2.2 MW solar array at the Port of Los Angeles, Captona adds to its fuel cell portfolio, and Canadian Solar wins 86 MW in solar energy auction.

Sunrise brief: Hunt Perovskite and 1366 Technologies merge to drive tandem solar cell adoption

Also on the rise: JinkoSolar says demand softened as polysilicon prices rose in Q1, battery EVs are forecast to rule the roads by 2050, and New York State issues site permits for two solar projects.

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Sunrise brief: Lithion is building a battery manufacturing plant in Nevada

Also on the rise: a wind farm is acquired near San Francisco, and a community solar project is purchased in New York.

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