Category Archives: Acquisitions

Sonnedix to increase Italian footprint by further 4MW

Sonnedix, the global independent solar power producer (IPP), has acquired four operating solar PV plants, with a combined capacity of 4MW. The two ground-mounted and two tracker solar PV plants are located in the Apulia region of southern Italy. Sonnedix has continued to expand its presence throughout Italy during 2019, adding a 1.7MW two solar PV plant portfolio in March

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Siemens to acquire KACO new energy GmbH

Siemens has today announced plans to acquire the string inverter business of the KACO new energy GmbH, one of the leading manufacturers of energy-related power electronics, for an undisclosed sum. The project development and EPC activities are not part of the acquisition. The closing of the transaction is subject to regulatory approval and expected in the first half of 2019.

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Top 5 Most Read Articles of Week 6, 2019 on SolarPV Expert- All about solar energy

Please find below the top 5 most read articles of Week 6, 2019 on SolarPV Expert. Please follow us on LinkedIn and Twitter and subscribe to our website and receive notifications of new posts by email.   LONGi Solar sets new bifacial mono-PERC solar cell world record at 24.06 percent Explore further   A new approach for the fast estimation of the solar energy potential in urban environments Explore

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Sonnedix acquires 32 MW of solar PV projects under Chile’s PMGD program

Sonnedix, a global independent solar power producer, has acquired two portfolios with a total capacity of 32 MWp in Chile. The projects, which range in size from 3 to 9 MWac, are being developed under the country’s PMGD Program for distributed generation (Pequeños Medios de Generación Distribuida). The first portfolio consists of two PMGD projects with a total capacity of

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Enel sells 540 MW of renewable capacity in Brazil for 700 million euros

Agreement signed with Chinese company CGNEI to sell 100% of solar plants Nova Olinda (292 MW) and Lapa (158 MW) as well as the 90 MW Cristalândia wind farm The transaction is aimed at freeing up resources that can finance Enel’s further renewable development in Brazil, while the company will continue O&M activities on the assets sold Closing of the

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Sunseap invests in Australia’s leading commercial solar company Todae Solar

Sunseap Group, Southeast Asia’s leading sustainable energy provider, has acquired a minority stake in Todae Solar, one of Australia’s largest solar commercial and industrial engineering, procurement and construction (EPC) companies*. The strategic partnership will provide further growth opportunities for both companies to deliver larger and more complex projects in Australia. Sunseap will be able to leverage on Todae Solar’s expertise

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Altus Power Acquires Sponsor Member Interests in Solar Tax Equity Partnership

Altus Power America, Inc. with its subsidiaries (“Altus Power”) has successfully completed the acquisition of sponsor member shares in an existing solar tax equity partnership from a California-based developer.  The tax equity partnership owns a 3.97MW ground mounted PV solar system in southern California that sells power under a 20-year PPA.  Altus Power structured the transaction to recapitalize the sponsor’s

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