Solar O&M Firm Acquires Another O&M Firm

SunSystems Technology From California Takes Over Power Overhaul From New Jersey Expanding Presence In Solar Operation & Maintenance Segment In US
05:59 AM (Beijing Time) - 10. September 2019

Key Takeaways

  • SunSystems Technology has acquired Power Overhaul, a fellow solar O&M company in New Jersey
  • Acquired for an undisclosed amount, Power Overhaul will help SunSystems expand its presence in the solar O&M market
  • Both the companies say the deal will help them unify their operations and provide expanded reach of field technicians to the consumers

SunSystem Technology (SST), a California based solar O&M and asset management company  has acquired fellow solar O&M provider from New Jersey, Power Overhaul for an undisclosed amount. This deal, says SST, solidifies its position as the country’s third party residential service provider as both the companies together have serviced more than 160,000 residential and commercial systems across 20 US states.

With Power Overhaul as part of the company, SST will expand its presence in the US solar O&M market. It will also help the companies unify their operations and field technicians of both the entities which will provide additional resources to partners, solar site owners, and portfolio owners.

“The combined entity will offer enhanced certification, training, experience, and strategically placed skilled technicians to its base of customers. SST’s scale and geographic coverage will help customers realize cost savings in their residential and commercial service portfolios,” stated the official statement from SST.

Anu Bhambhani

Anu Bhambhani is the Senior News Editor of TaiyangNews

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Anu Bhambhani