Tag: mergers and acquisitions
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Sunvalley Solar acquires Rayco Energy to expand into residential, multifamily
Sunvalley Solar just acquired of Rayco Energy Inc., an established northern California company that specializes in providing cost-saving and efficient energy solutions, including LED lighting, Solar Thermal and Solar Electricity, to local communities and business units. Rayco Energy combines energy efficiency measures with renewable energy sources and services the multifamilyRead More — Solar Builder magazine
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Solarrus Corporation acquires Power Factors
Solarrus Corp., an independent service provider in the North American solar, electric vehicle and battery energy storage industries, acquired Power Factors — a provider of hardware-agnostic software-as-a-service (SaaS) solution for performance monitoring, asset management and optimization. This acquisition gives Solarrus a software platform for monitoring and managing renewable energy assets. Power Factors co-founders SteveRead More — Solar Builder magazine
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Share options for Solar Power Inc. exercised by Brilliant King Group, Poseidon Sports
Solar Power Inc. (SPI) is a global provider of photovoltaic solutions for business, residential, government and utility customers and investors, with a focus on the downstream PV market including the development, financing, installation, operation and sale of utility-scale and residential solar power projects in China, Japan, Europe and North America. ThisRead More — Solar Builder magazine
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Tri Global Energy creates new solar business unit, acquires K12Solar
Tri Global Energy, a renewable energy company with utility-scale wind energy projects, has added solar to its portfolio of renewable energy resources with the formation of a new business unit — TGE Solar — and the acquisition of K12Solar, a California-based provider of roof-top solar photovoltaic energy systems. Tri GlobalRead More — Solar Builder magazine
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Solar funding activity: Q3 falls by half, yieldcos out of favor
After two record quarters, residential and commercial solar funds in Q3 2015 fell by almost half with $997 million in five deals, according to the Mercom Q3 Solar Funding and M&A Report. However, the year-to-date total has now surpassed the $4 billion raised last year. “After a record second quarter, projectRead More — Solar Builder magazine