Acquisitions

The section 201 case took a big bite out of corporate solar and large-scale project funding, and the quarter also saw a stunning $8.3 billion in reported mergers and acquisitions.

As what may be the first sign of many changes, the President and CEO who led SolarWorld through the Section 201 case is being replaced by a restructuring veteran.

The company is pivoting to DG solar and expanding its manufacturing as it continues to struggle with profitability.

Ares Management LP’s energy and infrastructure fund has announced a plan to acquire a majority stake in Conti Solar, a solar power developer and EPC which has built 500 MW of solar projects.

The two biggest names in the solar trade fight will now be one company. SunPower will again be a U.S. manufacturer, and SolarWorld will begin producing P-Series modules.

Mercom’s Q1 2018 report shows only $2 billion raised during the quarter, a 2/3 fall from the previous quarter and a decline on a year-over-year basis.

A Delaware judge has decided that the probability that Musk had significant influence and control over Tesla’s board means the lawsuit should move forward.

The developer has sold off three large, operational solar plants to the Korea Electric Power Corporation, as parent company Canadian Solar moves into O&M.

The roofing and solar provider has identified California, Utah, Colorado and Florida as locations where it is “actively negotiating” to acquire companies.

The national solar installer has acquired Haleakala Solar, and plans to hire 1,000 new employees in Hawaii over the next two years.