SunPower to exit utility-scale solar development
The company is pivoting to DG solar and expanding its manufacturing as it continues to struggle with profitability.
Private equity sees gold in solar power development
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.
SunPower to buy SolarWorld Americas
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.
Global solar power funding slows during Q1, 7.7 GW of assets change hands
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.
Lawsuit over Elon Musk’s influence in SolarCity acquisition moves ahead
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.
Recurrent Energy sells 235 MW-AC of solar power assets to Korean utility
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.
PetersenDean Roofing and Solar plans expansions in four states
The roofing and solar provider has identified California, Utah, Colorado and Florida as locations where it is “actively negotiating” to acquire companies.
PetersenDean acquires Hawaiian solar, battery installer
The national solar installer has acquired Haleakala Solar, and plans to hire 1,000 new employees in Hawaii over the next two years.
Engie expands in US renewables with SoCore acquisition
The French power company’s North American division will swoop up 150 MW of solar assets either in operation or under construction in the purchase.
NRG to sell renewables business, NRG Yield to Global Infrastructure Partners
The power giant is going from being a renewable energy pioneer to largely quitting the market.
