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Acquisitions

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.

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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.

SunEdison emerges from bankruptcy as Brookfield closes on TerraForm Global

The long and tragic collapse of SunEdison has finally come to an end, and Brookfield now owns both of its former yeildcos.

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Clean Focus purchases Greenskies Renewable Energy

The acquisition will allow the California company to expand its commercial/industrial portfolio, while Greenskies receives an infusion of cash.

Canadian Solar considers going private

Canadian Solar Inc. has received a proposal from Chairman, President and CEO Dr. Shawn Qu, under which he offers $18.47 per share. The move would follow that of Trina and JA Solar.

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