Corporate funding of energy storage companies exceeded US$26 billion worldwide in 2022, a 55% jump from 2021’s total US$17 billion. Masdar acquires UK battery storage developer Arlington Energy October 26, 2022 Masdar has acquired battery storage developer Arlington Energy in a bid to expand its presence in UK and European renewables markets.
TotalEnergie’s US solar portfolio sits now at 7.8GW in different stages and passed 10GW including wind and storage. Image: TotalEnergies. French energy major TotalEnergies has acquired solar developer Core Solar and its 4GW portfolio of development solar and battery storage assets.
Core Solar’s CEO and employees will be integrated into TotalEnergies’ teams and the 4GW of utility-scale solar and battery storage projects are distributed in four states: Texas, Kentucky, Ohio and Pennsylvania. Moreover, the solar portfolio in the US is distributed across 14 states, including California, Nevada, Texas and Hawaii.
The two phases of the project were developed by the seller, Avantus, and are expected to come online in 2025 and 2026, respectively. "This significant acquisition accelerates AES' deployment of unique renewable energy solutions to our key corporate clients in the California market," said Andrés Gluski, AES President and Chief Executive Officer.
With this acquisition, Shell expects to significantly expand its global solar portfolio.
As part of this strategy, Shell aims to sell more than 560 terawatt hours of power globally per year by 2030: twice as much electricity as the company sells today. The acquisition is expected to close by year end. Notes to editors
CATL Plans to Acquire DAS Solar, Marking the Start of Industry ...
The acquisition talks between CATL and DAS Solar are expected to conclude within a month. Regardless of the outcome, this event signals a critical restructuring phase for the PV industry. With PV installation capacities reaching new highs and the energy storage sector experiencing explosive growth, the "solar-storage integration" concept is becoming a focal …
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VINCI subsidiary buys Helios Nordic Energy for US$73 million
French solar developer Sunmind, a subsidiary of construction firm VINCI Concessions, has acquired solar developer Helios Nordic Energy for US$73 million. Helios has developed 1GW of solar...
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VINCI subsidiary buys Helios Nordic Energy for US$73 …
French solar developer Sunmind, a subsidiary of construction firm VINCI Concessions, has acquired solar developer Helios Nordic Energy for US$73 million. Helios has developed 1GW of solar...
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Shell acquires solar and energy storage developer Savion, further ...
Savion''s acquisition will expand Shell''s existing solar and energy storage portfolio, where Shell holds interest in developers such as Silicon Ranch Corporation in the …
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Shell acquires solar and energy storage developer Savion, further ...
Savion''s acquisition will expand Shell''s existing solar and energy storage portfolio, where Shell holds interest in developers such as Silicon Ranch Corporation in the U.S., Cleantech...
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mergers and acquisitions Archives
Oil and gas major Shell is putting its residential battery storage and virtual power plant (VPP) company sonnen up for sale, according to German outlet Handelsblatt. US-listed private equity firm KKR is to acquire joint control of UK battery storage developer Zenobē in partnership with existing investor Infracapital, according to reports.
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AES Acquires Largest Permitted Solar-Plus-Storage Project in the …
AES expects to contract up to an additional 1 GW of solar-plus-storage in phase two of the Bellefield project by the end of 2023. The two phases of the project were developed by the seller,...
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Repsol Considers Full Acquisition of US Solar Company
Repsol SA eyes full ownership of Hecate Energy Group LLC, a US solar and storage developer, as discussions for acquisition heat up. Spanish multi-energy group Repsol SA is considering acquiring the remaining 60% stake in Hecate Energy Group LLC (HEG), a solar and storage project development company in the United States. Repsol currently owns 40 ...
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DIF acquires ''UK''s largest co-located solar PV and BESS …
Of this, 380MW is solar and 340MW is battery energy storage. Solar EPC and O&M services will be provided by construction engineering company ib vogt. The acquisition of each project will be completed once each …
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M&A Deals Archives
Axium Infrastructure, a Canadian infrastructure investment management firm announced its acquisition of BlueWave Solar, a leading Boston-based solar and energy storage developer... Predictive Insights: Week of May 16th, 2022. May 20, 2022. 0 . Uncovering actionable deal opportunities for private equity, venture capital, angel investors, and investment bankers by …
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mergers and acquisitions Archives
Oil and gas major Shell is putting its residential battery storage and virtual power plant (VPP) company sonnen up for sale, according to German outlet Handelsblatt. US-listed private equity firm KKR is to acquire joint control of UK battery storage developer Zenobē in …
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FREYR Battery Closes Transformative Acquisition of Trina Solar''s …
2 · FREYR Battery (NYSE: FREY) ("FREYR" or the "Company") today announced the closing of the Company''s acquisition of the U.S. solar manufacturing assets of Trina Solar Co …
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CATL Plans to Acquire DAS Solar, Marking the Start of Industry ...
On the evening of September 9, major news emerged from the capital markets: CATL is in talks to acquire DAS Solar. According to media reports, CATL is seeking to acquire companies related to PV modules and cells, with DAS Solar being one of its targets.
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BlueWave Acquired by Axium Infrastructure to Accelerate Growth …
The 100% stake acquisition allows BlueWave to expand its leadership in innovative solar and energy storage development and pursue long-term asset ownership of its …
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BlackRock Acquires Solar and Storage Portfolio from …
Renewable energy infrastructure investor Excelsior Energy Capital announced today the acquisition by BlackRock of a portfolio of 38 solar energy and battery storage projects. According to Excelsior, the sale to …
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With new acquisition, SunEdison makes bold move …
SunEdison, Inc., the world''s largest renewable energy development company, and Solar Grid Storage LLC, a leader in deploying combined energy storage and solar PV systems, today announced that …
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TotalEnergies acquires Core Solar, adding 4GW of solar and storage …
French energy major TotalEnergies has acquired solar developer Core Solar and its portfolio of 4GW of utility-scale solar and battery storage at various stages of development across the...
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FREYR Battery Closes Transformative Acquisition of Trina Solar''s …
2 · FREYR Battery (NYSE: FREY) ("FREYR" or the "Company") today announced the closing of the Company''s acquisition of the U.S. solar manufacturing assets of Trina Solar Co Ltd. (SHA: 688599) ("Trina Solar") in accordance with the previously communicated timeline. Under the terms of the finalized agreement, FREYR has acquired Trina Solar''s 5 GW solar module …
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Shell acquires solar and energy storage developer Savion, further ...
Houston − Shell New Energies US LLC, a subsidiary of Royal Dutch Shell plc (Shell), has signed an agreement to buy 100% of Savion LLC (Savion), a large utility-scale solar and energy storage developer in the United States, from Macquarie''s Green Investment Group. With this acquisition, Shell expects to significantly expand its global solar portfolio.
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Goldman Sachs-backed BESS developer Gridstor ...
Backer Goldman Sachs'' other interests in energy storage include a US$250 million investment commitment to Canadian advanced compressed air energy storage (A-CAES) company Hydrostor. Energy-Storage.news'' publisher Solar Media will host the 6th Energy Storage Summit USA, 19-20 March 2024 in Austin, Texas. Featuring a packed programme of ...
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CATL Plans to Acquire DAS Solar, Marking the Start of Industry ...
On the evening of September 9, major news emerged from the capital markets: CATL is in talks to acquire DAS Solar. According to media reports, CATL is seeking to acquire …
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BlueWave Acquired by Axium Infrastructure to Accelerate Growth in Solar …
The 100% stake acquisition allows BlueWave to expand its leadership in innovative solar and energy storage development and pursue long-term asset ownership of its development projects Jessica Forcello
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BlackRock Acquires Solar and Storage Portfolio from Excelsior Energy …
Renewable energy infrastructure investor Excelsior Energy Capital announced today the acquisition by BlackRock of a portfolio of 38 solar energy and battery storage projects. According to Excelsior, the sale to BlackRock marks the firm''s first exit from its inaugural fund, Excelsior Renewable Energy Investment Fund I LP.
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AES Acquires Largest Permitted Solar-Plus-Storage …
AES expects to contract up to an additional 1 GW of solar-plus-storage in phase two of the Bellefield project by the end of 2023. The two phases of the project were developed by the seller,...
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Shell acquires solar and energy storage developer Savion, further ...
Shell New Energies US LLC, a subsidiary of Royal Dutch Shell plc (Shell), has signed an agreement to buy 100% of Savion LLC (Savion), a large utility-scale solar and energy storage developer in the United States, from Macquarie''s Green Investment Group. With this acquisition, Shell expects to significantly expand its global solar portfolio.
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Octopus Energy acquires renewables developer to boost British solar
London, Friday 2nd December 2022 - Octopus Energy Group''s generation arm announces the acquisition of UK solar developer and asset manager Zestec Renewable Energy to build cheap solar power on British businesses'' roofs, helping to drive down energy bills.
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Shell acquires solar and energy storage developer …
Savion''s acquisition will expand Shell''s existing solar and energy storage portfolio, where Shell holds interest in developers such as Silicon Ranch Corporation in the U.S., Cleantech...
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TotalEnergies acquires Core Solar, adding 4GW of solar and …
French energy major TotalEnergies has acquired solar developer Core Solar and its portfolio of 4GW of utility-scale solar and battery storage at various stages of …
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Shell acquires solar and energy storage developer Savion, further ...
Savion''s acquisition will expand Shell''s existing solar and energy storage portfolio, where Shell holds interest in developers such as Silicon Ranch Corporation in the U.S., Cleantech Solar in Singapore, ESCO Pacific in Australia, owns sonnen, a smart energy storage company in Germany, and EOLFI, a wind and solar developer in France.
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Engie acquires US developer''s 6GW solar and storage …
In April this year, Engie acquired fellow French developer Photosol''s US operations consisting of 17 early-stage solar and energy storage projects. The acquisition of Belltown considerably bolsters the company''s …
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