Italian PV Company Acquires Perovskite Firm
FuturaSun Ventures Into Perovskite Solar Cell Technology With Solertix Acquisition In Italy
After announcing its decision to foray into solar cell manufacturing, Italian solar module manufacturer FuturaSun is further expanding its technology portfolio with the addition of perovskites through the acquisition of University of Rome Tor Vergata spin-off Solertix.
US Solar Panel Maker Expands To Europe For Next Gen Tech
First Solar Acquires Swedish Perovskite Solar Technology Company Evolar To Explore Tandem Devices
US cadmium telluride (CdTe) based thin-film solar panel manufacturer First Solar has acquired Sweden headquartered perovskite technology company Evolar AB which not only expands its R&D footprint but also shows concrete move to venture into next generation tandem devices.
Toyota Now Majority Stakeholder In Renewables IPP SB Energy
Toyota Group’s Toyota Tsusho Strengthens Renewable Energy Portfolio With 85% Shareholding In SoftBank’s SB Energy
Automotive giant Toyota Group’s international trading company Toyota Tsusho Corporation has acquired 85% stake in SoftBank Group’s (SBG) renewable energy business SB Energy Corp for an undisclosed amount, with an aim to strengthen its presence in Japan and beyond in this segment.
ReneSola Takes Over UK Solar Projects Partner
ReneSola Strengthens Europe Business With Acquisition Of Emeren & Its 2.5 GW Solar & Storage Pipeline
US based solar power projects developer ReneSola Power has announced the acquisition of Emeren Limited, a UK headquartered utility scale solar and battery storage company and its partner for the Italian solar PV market since 2021.
RWE To Take Over Con Edison’s Clean Energy Business
Germany’s RWE To Use Part Of Qatar’s Cash Infusion To Acquire Con Edison Clean Energy Businesses In US
Germany headquartered global energy company RWE AG has secured Qatar Investment Authority (QIA) as an investor with a little less than 10% stake in the company, part of which will be deployed to acquire Con Edison Clean Energy Businesses (CEB) in the US for $6.8 billion.
Eni Subsidiary Expands Spanish & Italian Solar Portfolio
Plenitude To Acquire 65% Stake In Italian Developer Infrastrutture Subsidiary With 1.5 GW RE Capacity
Italian oil and gas multinational Eni’s renewable energy arm Plenitude has joined hands with a local developer and investor Infrastrutture SpA to acquire 65% stake in the latter’s renewables portfolio company Hergo Renewables that holds close to 1.5 GW capacity in Italy and Spain.
Canadian Pension Fund Invests In Indian Solar Firm
Ontario Teachers’ To Acquire 30% Equity Stake In Mahindra Susten For INR 23.7 Billion
Canada’s Ontario Teachers’ Pension Plan Board has announced a strategic investment to acquire a 30% equity stake in Indian renewable energy company Mahindra Susten Private Limited for INR 23.7 billion ($300 million) to ‘capitalize’ on the growing renewables opportunity in India.
India’s Reliance Invests In California’s SenseHawk
Reliance Industries Limited To Acquire Majority Stake In Solar Digitalization Platform, SenseHawk
One of the largest business conglomerates in India that’s rapidly expanding its presence in the solar space, Reliance Industries Limited (RIL) is exploring the US market and has made the move to acquire the majority stake in SenseHawk, a California based solar digitalization platform (SDP).
Abu Dhabi’s IHC Invests In Turkey’s Kalyon Enerji
International Energy Holding Acquires 50% Stake In Kalyon Enerji For AED 1.8 Billion
Abu Dhabi based business conglomerate International Holding Company PJSC (IHC) has forayed into the Turkish market with the acquisition of 50% stake in Kalyon Enerji, a deal that includes 1 GW AC solar plant capacity due to be completed in 2023.
Actis Takes Majority Stake In Vietnamese RE Firm
Actis Expands In Southeast Asia With 50% Stake In Levanta Renewables
London, UK based global investor Actis has launched itself in the renewables market of Vietnam with the acquisition of the majority stake in Levanta Renewables that’s currently into onshore wind but has plans to execute solar projects as well in the future.
Blue Elephant Energy Gets Antin Investment
French Private Equity Firm To Acquire Majority Stake In German Renewables Company
German renewable energy platform Blue Elephant Energy AG (BEE) with its 1.3 GW operational solar and wind energy projects in 8 countries is set to get French private equity firm Antin Infrastructure Partners as its majority stakeholder.
Britain’s Intertek Acquires Clean Energy Associates
US Solar Production Monitoring & Quality Assurance Firm CEA To Join Global Testing Organization Intertek
Days after US based solar PV and battery storage technical advisory firm Clean Energy Associates (CEA) secured TUV Rheinland’s Jörg Althaus as its director engineering and ESG, the company is ready to be acquired by British total quality assurance provider Intertek.
EDP Energia Acquires Zielong-Energia In Poland
EDP Strengthens Portfolio In Poland With Distributed Solar Company’s Acquisition
The Polish subsidiary of Portugal’s EDP, EDP Energia Polska has acquired local distributed solar power company Zielona-Energia.com to expand its presence in this segment in this European market.
TotalEnergies & Adani’s Green Hydrogen Plans
30 GW Renewable Electricity For 1 Million Ton Green Hydrogen Annually By 2030
France’s TotalEnergies has agreed to take 25% stake in Adani New Industries Limited (ANIL) that aims to generate 1 million ton green hydrogen annually (Mtpa) by 2030 deploying new renewable energy production capacity of around 30 GW.
Sonnen Acquires Spain’s Webatt Energia
Germany’s Sonnen Expands Into Spanish Market With Webatt Energia Acquisition
German battery storage company sonnen has acquired its existing long term business partner Spanish solar PV and energy storage solutions company Webatt Energia for an undisclosed amount, creating additional to expand in the European market.
Solarwatt Acquires REConvert Of Netherlands
German Solar Panel Maker Takes Over Battery Storage & Power Electronics Company
Solar module producer from Germany Solarwatt has acquired REConvert of the Netherlands to strengthen its know-how in the field of power electronics for storage systems and inverters, after having launched its home storage system Solarwatt Battery flex with BMW Group in 2021.
Borrego To Sell 8.4 GW+ Strong PV Project Pipeline
ECP To Purchase US Solar & Storage Developer Borrego’s Massive Development Portfolio
US based solar and storage developer, EPC and O&M service provider Borrego will spin off and sell its development business including a project pipeline of more than 8.4 GW solar and 6.4 GW/25 GWh of energy storage to energy investor ECP.
TotalEnergies Acquires 50% Of Clearway Energy
GIP Sells 50% Stake In US Renewable Energy Developer With 25 GW Pipeline
French energy group TotalEnergies has made its largest renewable energy acquisition in the US with 50% acquisition of wind and solar projects developer Clearway Energy Group (CEG) from Global Infrastructure Partners (GIP) with its 25 GW strong pipeli.
Kiwa Group Acquires Germany’s PI Berlin
After PVEL, Netherlands’ Kiwa Group Adds Germany’s PI Berlin To Its Portfolio
Germany headquartered global technical advisor and quality assurance provider Photovoltaik-Institut Berlin (PI Berlin) is now a wholly owned subsidiary of the Kiwa Germany Group which is the local presence of Netherlands based independent testing, inspection and certification company.
First Solar Finds Buyer For Japan Business
PAG Real Assets To Acquire Japan Project Development+O&M Platform From First Solar
US based solar module manufacturer First Solar, Inc has reached an agreement with Asia Pacific focused investment manager PAG Real Assets to sell its Japan project development and operations and maintenance (O&M) business to.
