Tagged Mergers and Acquisitions

APUC approved for 600 MW of Missouri & Kansas wind

By Michelle Froese The Customer Savings Plan is expected to result in the investment of more than U.S. $1.1 billion, while reducing energy costs for customers over the life of the projects. Algonquin Power & Utilities Corp. (APCU) announced that its regulated utility business, Liberty Utilities, has received certificates of convenience and necessity (CC&N) to…

NantEnergy discusses how zinc-air batteries can solve long-duration problems

By Kelly Pickerel Solar Power World spoke with Carl Mansfield, VP of system solutions for NantEnergy, about the company’s attempt to take zinc-air batteries mainstream. NantEnergy, which acquired Sharp’s energy storage division and its lithium know-how last year, is improving a zinc-air/lithium hybrid storage system for the C&I and microgrid markets. Mansfield said that finding…

Nautilus Solar completes 2.83-MW New York community solar project

By Billy Ludt Nautilus Solar Energy, a national solar acquisition, development and asset management company, is holding a the ribbon-cutting ceremony for its first of three community solar projects serving Orange and Rockland’s utility service territory. Located in Westtown, New York, the 2.83-MW community solar garden covers 15 acres and will provide energy cost savings…

Saft expands into microgrids with acquisition of Go Electric

By Kelsey Misbrener Saft has acquired 100% of the shares of Go Electric, a U.S.-based developer of distributed energy resiliency solutions for microgrids and C&I customers. Go Electric’s microgrid power controller technology, combined with energy storage, plays a key role in enabling customer sites to keep power on by islanding them from the grid in…

Volkswagen invests €900 million in Northvolt

By Blagojce Krivevski Volkswagen AG is investing some €900 million in joint battery activities with Northvolt AB. Part of the sum is intended for a joint venture with the Swedish battery cell producer, a further share will go directly to Northvolt AB. In return, Volkswagen will acquire about 20 percent of the shares in Northvolt…

Attis acquires 100 million gallon per year corn ethanol plant

By Marta Ady Attis Industries has completed the acquisition of a 100 million gallon per year corn ethanol plant and grain malting facility in Fulton, New York from Sunoco, for $20 million (€17.7 million) in cash.According to Attis, the acquisition is a crucial element of its expanding technology portfolio, as it develops the site into…

innogy begins construction on 250-MW Ohio wind farm

By Michelle Froese German energy company, innogy, has begun construction on its first U.S. onshore wind farm. The 250-MW Scioto Ridge project in Hardin and Logan Counties, Ohio will consist of 75 Siemens Gamesa wind turbines. In 2018, innogy acquired a 2 GW project pipeline, which included over 20 onshore wind projects at various stages…

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