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Acquisitions

RBI Solar integrates, literally and figuratively, SolarBOS

Gibraltar Industries, owner of solar racking company RBI Solar, of Cincinnati, OH has acquired balance of system designer SolarBOS, of California.

Mitsubishi buys controlling stake in Nexamp

The acquisition of a share in Nexamp follows on Mitsubishi’s acquisition of BETM, which the company says will serve as the foundation for nationwide clean energy push.

Dominion acquires 240 MW-AC of solar in Virginia

The company has reached a deal with local developer Urban Grid to acquire two upcoming projects, which, when complete, should be the largest in the state of Virginia.

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Musk wants Tesla private – it’s our fault

Elon Musk says he’s secured funding at $420 per share to take Tesla private. His letter to employees points toward short sellers and propaganda peddlers causing stock price volatility.

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Monitoring consolidation: AlsoEnergy acquires skytron, Draker

The renewable energy software company will keep the skytron brand and platform, as well as providing services for Draker’s customers.

Schletter acquisition could save North Carolina factory

The company’s U.S. subsidiary is part of the purchasing agreement, which appears to come just in time as the factory in Shelby was running out of funds to operate.

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Recom’s acquisition of Jabil lines could lead to a U.S. solar factory

The PV module manufacturer started negotiations with Jabil after the United States introduced duties on solar imports. Recom plans to restart manufacturing activities with Jabil’s 700 MW production equipment in the first quarter of 2019. Where exactly this will take place has not been disclosed yet.

Texas to get its biggest solar plant at 315 MW-DC

Innergex purchased the rights to develop the massive Phoebe solar power plant on the day that the project received a full notice to proceed with construction.

Sempra Energy selling 1.2 GW of solar projects

Sempra Energy is selling off a portion of its energy generation assets as part of an activist shareholder’s push to “optimize” its portfolio.

SunPower, First Solar close on sale of yieldco 8point3

The sale brings in $240 million for First Solar and $360 million for SunPower, as both companies re-focus on manufacturing. Capital Dynamics now owns the yieldco.

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