Tagged Mergers and Acquisitions

New opportunity: mergers and acquisitions

By [Energy Central] Rafael Herzberg New opportunity: mergers and acquisitions There is an increasingly stronger feature on the customer side. From energy industrial, commercial and institutional consumers! It is the contracting of services and not assets. This is what the developed world coined “energy as a service”.: Some “classic” examples: * Contract back-up energy (on-site…..

EVs, Late Fall 2023

By [Energy Central] John Benson This EV Post contains the following content: Technology: Fast-Charging vs. Battery-Lifetime BMW Believes its Next-gen EVs will Beat Tesla’s range Tesla 4680 battery cell production breakthrough Business: Volvo Group Acquires Proterra For $210 Million EVs Transform the Auto Industry Future EVs Caddy’s Next EV will be a Compact SUV Read…

Armor Group Ventures into Solar Energy with a 20% Stake in HoloSolis

By Abigale Sherman Armor Group, a renowned conglomerate, has made a landmark entry into the solar panel industry by acquiring a 20% stake in the French solar panel maker, HoloSolis. The acquisition is a significant move, marking the company’s foray into perovskite-silicon tandem panel production. This venture came about only a week after the Armor…

New England solar installers ReVision Energy and Sunbug Solar to merge

By Kelly Pickerel New England solar installer ReVision Energy is acquiring Massachusetts-based Sunbug Solar. The acquisition means that ReVision Energy, the largest employee-owned solar installer in the country, will now be able to service more residents and business owners across Massachusetts, Maine and New Hampshire. A larger ReVision Energy with more bandwidth will help Massachusetts…

PowerMarket tapped to manage Kingston NY’s LMI community solar program

By Kelsey Misbrener Community solar customer acquisition and management service provider PowerMarket announced a partnership with the City of Kingston, New York to manage subscriber acquisition, billing and customer service for the city’s Kingston Community Solar program. Low-to-Moderate Income (LMI) and state-designated Disadvantaged Community (DAC) households will have access to locally generated solar power, delivering…

ADT Solar to close 22 of 38 branches

By Kelsey Misbrener On a November 2 earnings call, ADT announced it is restructuring its solar business it acquired from Sunpro in 2021. ADT Solar will be “focusing on the top performing markets and rationalizing the overhead and infrastructure of the business accordingly.” ADT said its total solar revenue for Q3 2023 was $58 million,…

Sunlight Financial announces acquisition and files for bankruptcy

By Kelsey Misbrener Sunlight Financial Holdings announced that it will be acquired by a consortium of established investors in the solar energy industry, including an affiliate of Greenbacker Capital Management, Sunstone Credit, IGS Ventures and others, as well as its secured lender, Cross River Bank, and has entered into a Restructuring Support Agreement to reduce…

Aspen Power completes nearly 50-MW Georgia solar portfolio

By Kelsey Misbrener Aspen Power announced it has completed construction on 14 solar projects that the company acquired from Inman Solar in Georgia. The projects total 49.4 MWDC of generation capacity, with Aspen Power acting as the long-term owner and operator. Inman Solar originated and developed the projects and provided engineering, procurement and construction (EPC)…

© 2014 RenewaNews