Tagged Mergers and Acquisitions

Does SolarCity sell Tesla solar panels? Tesla SolarCity options explained

By Sponsored Content Tesla Inc, led by billionaire entrepreneur Elon Musk, is known around the world for its successful development of electric vehicles. In 2015, the company also entered the renewable energy market with its Tesla Energy division. This division manufactures and installs residential solar energy system components. Shortly after, in 2016, Tesla acquired the…

How much is a Tesla? 2019 Tesla models and Tesla prices

By Sponsored Content If you’ve considered taking the plunge into the electric vehicle (EV) market, Tesla Motors needs no introduction. The most well-known manufacturer of EVs in the world, Tesla recently expanded into residential solar through acquisition of solar panel company SolarCity. The goal, as described on Tesla’s website, is to create “the world’s only…

Altus Power acquires 19MW PV portfolio across US

Altus Power has acquired a multistate operating portfolio of ground-mounted solar assets located in Massachusetts, North Carolina and New Mexico. The portfolio has a combined generation capacity of 19MW. Read Full Article Here For more great articles: PV-Tech

Altus Power acquires 19-MW multi-state solar portfolio

By Kelsey Misbrener Altus Power has completed the acquisition of a multi-state operating portfolio of ground-mounted solar assets. The 19 MWDC portfolio of solar energy systems sells clean, renewable energy to offtakers ranging from regional and national utilities to various municipalities in Massachusetts, North Carolina and New Mexico. Altus acquired the portfolio from a lender…

The Path Forward for Senvion

By [email protected] Senvion has filed for insolvency. This comes as little surprise in light of the recent struggles of the German wind turbine manufacturer. Wood Mackenzie’s latest market share forecast highlighted the company’s global positioning falling from a meager 4 percent of global share to less than 1 percent by 2025 as legacy orders from…

CVE North America enters community solar market with Halo offering

By Kelsey Misbrener CVE North America, an independent power producer based in New York, announced the launch of its community solar offering — branded “Halo” — starting with one acquisition in Acushnet, Massachusetts. and several builds for the Solar Massachusetts Renewable Target (SMART) program, where it ranks among the Top 10 competitors in capacity submitted…

How to Value a Solar Development Pipeline, Part 4

By [email protected] This year will break records. More gigawatts of solar will be installed than in any year before. In January, we learned that customer demand has reached unprecedented levels. And that is just one part of the story. Behind the scenes, financiers and investors are fueling growth by lowering the cost of capital, entering…

Faraday Grid’s Spending Spree Begins

By [email protected] Faraday Grid, the Scottish maker of a mystery transformer technology, has embarked on the spending spree it announced in January after raising $32.5 million. In the last week it has announced two acquisitions and opened innovation centers in the U.S. and Europe. Both acquisitions were in the Czech Republic. Faraday Grid has not…

Tenergie to acquire 108MW PV portfolio in France

French renewable energy company Tenergie, through its JV, Terres d’Energie, has signed off on a deal to acquire 29 operating PV projects, representing a combined generation capacity of 108MW, from the DIF Infrastructure III and IV Funds. Read Full Article Here For more great articles: PV-Tech

Daimler Trucks to acquire majority stake in Torc Robotics to create technology powerhouse for automated trucks

By Blagojce Krivevski Daimler Trucks and Torc Robotics, a pioneer in autonomous driving solutions, are joining forces in a one-of-a-kind combination to commercialize highly automated trucks (SAE Level 4) on U.S. roads. Going beyond an OEM/supplier relationship, the companies signed an agreement today for Daimler AG’s subsidiary Daimler Trucks and Buses Holding Inc., to acquire…

Enel acquires Tradewind Energy

By Michelle Froese Enel, through its U.S. renewable subsidiary Enel Green Power North America (EGPNA), has closed an agreement to purchase Kansas-based renewable developer Tradewind Energy, Inc. EGPNA has purchased all of Tradewind’s development platform comprising of 13 GW of wind, solar, and storage projects located throughout the U.S. With this current acquisition, EGPNA will…

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