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Acquisitions

National Grid dives into renewable energy development

The Anglo-American company is the latest utility to enter the utility-scale solar and wind development space by closing on its acquisition of Geronimo Energy.

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Summit Ridge to build 75 MW of Illinois community solar, Spruce acquires residential assets: pvMB 07/12/19

In today’s pvMB we also bring you Tri-State seeking federal oversight, TEP’s long-term plan, SMA’s new North America service center and more…

ABB exits solar inverter business

This Swiss giant is following a trend as large multinational high-tech companies see their role as redesigning infrastructure rather than supplying inverters at ever lower margins. Schneider Electric has pulled out of large scale solar, Siemens’ Kaco acquisition and Junelight launch show increasing interest in the C&I and residential markets, and GE is likely to divest its power conversion business due to low profit margins in that sector.

SEIA’s solar permit software, corporate turnover typhoon: pvMB 7/2/19

Hello everybody and welcome to today’s edition of the pvMB. This morning we’ll be looking at the change of CEOs at El Paso Electric, Enel Green Power selling off 65 MW of the Roadrunner project, the Cape Anne solar campaign and more!

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ENGIE invests in Conti family

Development giant ENGIE has purchased EPC specialist Conti Corporation and its affiliates Indicon Corporation, Ion Electric, and McGilvray Mechanical.

Vivint’s $100 million deal, Sunpower’s trade secrets suit: pvMB 6/24/19

Hello and welcome one and all to the start of the week and this Monday’s pvMB. Today we’ll be looking at the polling saying 42% of Dems prefer plans to decarbonize by 2030, the cost of energy storage in New Jersey, Duke’s North Rosamond power plant going on-line and more!

Saft breaks into microgrids with Go Electric acquisition

The Total-owned French battery maker has acquired Go Electric, a major player in military and C&I microgrids in North America.

NY’s renewable mega mandate passes the House, Trump’s “Dirty Power Plan”: pvMB 6/20/19

Hello and welcome to the Thursday morning brief! Boy do we have a packed brief for you, where we’ll be looking at NEXTracker reaching 20 GW of trackers, SEIA calling for an extension of the ITC, 1 GW of US clean energy projects auctioned at NYSE and more!

Anheuser-Busch buys big solar, signs 7th largest corporate renewable deal

The brewer of such fine beverages as Busch Light (no free ads), has signed a power contract with Recurrent Energy for the electricity generated by the 222 MWac Maplewood solar project. The deal will position the brewer to reach its sustainability goals four years sooner than anticipated.

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Wind+solar trade for coal fails, but shows the path forward

Guzman Energy has proposed to finance the early closure of most of 1.1 GW of coal generation in Colorado and New Mexico, as part of a deal to offer 1.2 GW of wind and solar generation, plus storage backed by gas. Tri-State Generation has declined the offer.

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