Breaking: PanelClaw acquired by Esdec in a consolidating solar racking market
The solar racking market has quiet revenues of billions of dollars and continues to consolidate — driven by equity firms such as Esdec and Tenex. The market segment has become a small hotbed of M&A.
SolarEdge boosted by record solar revenues in Europe and strong residential growth
Despite the pandemic, residential solar growth continues. Commercial solar, always the problem child, is having trouble coping with the virus.
Norway’s Statkraft to buy UK’s Solarcentury in latest solar-hydropower blend
The Norwegian hydropower business wants to pay $152 milllion for the London-based clean energy developer which claims to have brought to life 1.2 GWp of project capacity in seven countries since 2013.
Energy Jobs: Audrey Lee is director at $250M SPAC ArcLight, plus SunPower, Primergy Solar, 8minute and more
Executive moves in solar, storage, cleantech, utilities and energy transition finance.
Morning Brief: First long-duration energy storage procurement, EDFR and Geenex close on 4.5 GW PV pipeline
Also in the brief: Scatec Solar to buy state-owned hydropower firm SN Power in a $1.17 billion deal, Panasonic Solar and Service Finance Company rolled out a new home energy storage financing program.
Solar racking companies are getting acquired in a consolidating market: Who’s next?
The solar racking market has quiet revenues of billions of dollars and continues to consolidate — driven by equity firms such as Esdec and Tenex. The market segment has become a small hotbed of M&A. Who’s next?
Blackstone enters the electric bus and van race, plus the return of seed-stage solar investing
A weekly round up of investments and exits in solar and energy transition technologies.
Total and Google Cloud develop tool to predict rooftop PV potential
The Solar Mapper uses artificial intelligence algorithms that compile data extracted from satellite images. It can estimate solar site potential and indicate the best technology for the site.
Fluence acquires Advanced Microgrid Solutions, in bid to help customers monetize storage, renewable assets
“Storage is the first truly digital asset that you can put on the electric network. That means the smarter we are with digital, the better job we can do powering the electric network,” Brett Galura, CTO at Fluence said, declining to disclose the acquisition’s price tag.
Wärtsilä’s 9 MW battery storage system reduces a city’s demand peaks, saves transmission costs
An independent power producer, AEP OnSite Partners, will be the first to deploy Wärtsilä’s new storage product. The 9 MW/15.6 MWh battery system will respond to PJM market signals and reduce the city’s peak demand by about 9 MW, while saving $1 million per year in transmission and capacity costs
