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All articles of topic acquisition

‘Buy & Build ’  is not just a business growth strategy but a key instrument for achieving climate targets, says Bradley Mundt, CEO & founder of PLAN-B NET ZERO.

Expert analysis: How ‘Buy & Build’ boosts the energy transition

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Scaling photovoltaics and renewable energies: Bradley Mundt, CEO & founder of the green energy start-up PLAN-B NET ZERO, outlines the major contribution of ‘Buy & Build’

Enstall's incoming CEO Mehran Sedigh, right, will take over in March 2025.

Enstall: Dutch mounting systems provider announces new leadership

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Enstall, provider of mounting solutions and digital services for the solar sector, recently announced that Stijn Vos will transition to Chairman of the Supervisory Board, with Mehran Sedigh appointed as the new CEO. The change will take effect in March 2025.

The Panathinaiko Stadium: Athens is not only the birthplace of the Olympic Games, but also the location of Juwi's branch in Greece.
Juwi

Juwi sells largest portfolio to date with 267 megawatts of solar capacity

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Following the conclusion of the purchase agreements (M&A), Juwi was commissioned with the EPC and O&M activities - start of construction is planned for August 2024

Breaking news

SunPower files for Chapter 11 bankruptcy in the US

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SunPower has just announced it has entered into an asset purchase agreement (APA) with Complete Solaria to serve as the Stalking Horse Buyer for the assets associated with SunPower's Blue Raven Solar business, New Homes business and non-installing Dealer network.

The production of air-to-water heat pumps at Bosch.
Acquisitions

Bosch buys heat pump division of Johnson Controls

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The technology group Bosch is buying Johnson Controls' global business for heating and air conditioning appliances for residential and small commercial buildings. At 7.4 billion euros, this is the largest transaction in the company's history.

SolarEdge acquires Wevo Energy

EV charging optimization and management software start-up under new ownership

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SolarEdge today announced that it completed the acquisition of Wevo Energy. Wevo is a software start-up specializing in EV charging optimization and management for sites with large quantities of EV chargers such as apartment buildings, workplace carparks and public charging locations.

Solar parks

GoldenPeaks Capital to buy 69 MW of PV assets from R.Power

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R.Power has agreed to acquire a large portfolio of ground-mounted photovoltaic farms. See here for more details:

Asca's first glass balustrades in a commercial residential building in Möhringen, Germany.
Organic PV

Hering now becomes manufacturer of organic photovoltaic modules

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The construction company Hering is buying the company Asca, a manufacturer of organic photovoltaic (OPV) elements, including the OPV specialist's production facilities, brand rights and patents.

Acquisition

New owners take over Fimer and inject first tranche of capital

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The transaction completes within the terms set by the Court of Milan and follows the official resignation of the current Board of Directors as a result of Fimer filing for bankruptcy.

With a company on board that specialises in facade construction, the implementation of solar facades could also become easier for Sunovation.
BIPV

German company Dreßler Bau joins Sunovation

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The manufacturer of double-glazed modules for building integration Sunovation has won the construction company Dreßler as a strategic investor. There are now plans to expand production capacities.

Peter Hamela, CFO of Compleo, Gregor M. Schmeken of Kostal's Executive Board and Compleo CEO Jörg Lohr (from left to right) have completed the takeover.
Takeover

Kostal acquires charging technology provider Compleo

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After creditors and authorities gave the green light, Kostal Group has taken over Compleo's operating business.

A Vattenfall solar park in Germany.
Germany

Vattenfall buys solar project developer Solizer

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The energy group Vattenfall has bought the German business of the solar park developer Solizer from Hamburg. The Solizer Germany team is to drive the development of photovoltaic projects together with Vattenfall in the future.

This is how Compleo presented itself at last year’s Power2Drive in Munich.
Company acquisition

Kostal Group takes over Compleo Charging Solutions

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The acquisition strengthens the e-mobility business segment at the Kostal Group, which is active in the solar industry with charging solutions and power electronics. Compleo had been in self-administered insolvency since December.

Self-consumption

Smartenergy acquires majority stake in Rewatt

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Smartenergy has acquired a majority stake in Rewatt, a provider of solutions solar energy for self-consumption, strengthening its position in the entire energy value chain.

Alpha Solar's new projects are situated throughout Poland.
Poland

RWE acquires Polish developer Alpha Solar

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RWE has acquired the Polish developer Alpha Solar together with its team of around 60 employees. With the takeover, the energy group acquires a development pipeline for solar projects in Poland of around three gigawatts.

Solarwatt and Reconvert will both benefit from the acquisition. This is emphasised by both Recovert CEO Arno Van Zwam (2nd from right) and Solarwatt CFO Sven Böhm (3rd from right).
Acquisition:

Solarwatt acquires Dutch battery electronics company Reconvert

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With the acquisition of Reconvert, Solarwatt is integrating the expertise in the manufacture of power electronics for battery storage into its own company. Reconvert benefits with a view to further business development.

With the acquisition of the solar portfolio, BEE expands its portfolio to 621 MW in the Netherlands and to 1,228 MW worldwide.
Acquisition:

Blue Elephant Energy expands PV portfolio in the Netherlands

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Hamburg-based solar and wind farm operator Blue Elephant Energy AG (BEE) has signed the acquisition of six ready-to-build photovoltaic parks in the Netherlands with a total capacity of 120 MW.

Acquisition:

Elevion buys up European segment of Belectric

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Elevion Group acquires the European part of Belectric, strengthening its position in the German solar market.

The REC Silicon facility at Moses Lake, Washington, has a polysilicon production capacity of 18,000 MT.
USA:

Hanwha Solutions makes $160.47 million investment in REC Silicon

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Hanwha Solutions Corporation agrees to purchase 16.67% stake in REC Silicon ASA. This investment aims to secure the supply of key photovoltaic raw materials to meet growing US consumer demand for domestically manufactured products.

A solar installation with REC modules in Spain.
Acquisition:

Indian group takes over module manufacturer REC

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The Indian company Reliance New Energy Solar has taken over the solar module manufacturer REC. The module manufacturer wants to grow faster this way.

Upon completion of the transaction, Segen will be a subsidiary of Labora.
PV distribution:

Parent company of City Electrical Factors acquires Segen Group Limited

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The proposed acquisition of photovoltaic systems distributor Segen achieves City Electrical Factors' goal of expanding its renewable energy business.

Once the acquisition is completed, Q Cells will double up its clean energy pipeline in Europe to around 10 GW.
France:

Hanwha Solutions acquires RES’ French business

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Hanwha Solutions signs an Exclusivity and Put Option Agreement (POA) to acquire 100% of the equity interest of RES Méditerranée SAS, a French renewables development company owned by the RES Group.

The deal will see Viridian continue to operate as a standalone entity.
Roof integration:

Viridian Solar acquired by Marley Ltd.

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Viridian Solar announces today that leading UK roofing systems manufacturer, Marley has acquired 100% of the share capital of its business.

Sweden-based Wallbe is being acquired by Dortmund-based Compleo.
EV charging:

Compleo acquires Wallbe

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The transaction is expected to be completed before the end of April 2021. This continues the consolidation among the suppliers of charging systems. The goal is to set up a large provider for Europe.

By networking thousands of decentralised units in the virtual power plant using remote control technology, Next Kraftwerke enables optimised dispatch and trading of the aggregated capacity of electricity producers, storage facilities and consumers.
Company acquisition:

Shell acquires Next Kraftwerke

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To strengthen its position in renewable energy trading, Shell Overseas Investment B.V. will take over all of Next Kraftwerke, including the more than 180 staff.