Sunrise brief: RWE to become second largest solar operator in the U.S.
Also on the rise: A 100% solar community in Florida suffered no power losses from Hurricane Ian. Grid operator MISO is making progress on renewables interconnection. And more.
RWE to acquire Con Edison’s clean energy business
The transaction is valued at $6.8 billion. The combined portfolio almost doubles RWE’s operating assets in the United States to 7.2 GW, making it the fourth largest renewable energy company and the second largest U.S. solar operator.
Sunrise brief: Standard Solar and Scout Clean Energy acquired by Brookfield Renewable
Also on the rise: Solis highlights backup and repowering solutions at RE+. Utility-scale developer to recycle 95% of value of end-of-life solar panels with SolarCycle. And more.
Standard Solar and Scout Clean Energy acquired by Brookfield Renewable
Brookfield to invest up to $2 billion in the two renewable energy powerhouses, bringing its development portfolio to 60 GW.
U.S. investment giant snaps up New Zealand rooftop solar specialist
American investment behemoth BlackRock has agreed to acquire New Zealand rooftop solar PV and battery energy storage specialist SolarZero as part of its push into renewable energy in the Asia Pacific region.
Goldman Sachs and Cleanhill Partners acquire majority stake in EPC Power
With clean energy installations projected to skyrocket, the two financial powerhouses value EPC Power’s position in the evolution of the industry.
Solar site imagery software provider SiteCapture forms new alliance
The mobile residential solar photo capturing software provider was acquired by FotoNotes, and the two will now operate under the name SiteCapture.
Reliance Industries to acquire majority stake in U.S. solar startup
Reliance Industries is set to buy 79.4% of US-based SenseHawk, which provides software-as-a-service (SaaS) solutions for process optimization, automation, and asset information management across the solar asset lifecycle.
Pivot Energy acquires Maryland-based community solar developer, SGC Power
The acquisition by Pivot Energy will enable SGC to enter new markets and increase value to their property owners.
Borrego spin off, ECP, rebrands as New Leaf Energy
Solar and energy storage development business to operate as New Leaf Energy, an independent arm of ECP focused on distributed generation and utility-scale projects in the US.
