Renewables Now has reported a flurry of M&A deals, including those involving Italy’s Enel, A2A, Macquarie, Calpine, and others. Poland’s R.Power Renewables has secured a deal to acquire a 41.1-MWp portfolio of solar projects in Poland as part of its expansion plans. Germany’s Aream Group has formed a joint venture with France’s Eiffel Investment Group to develop a pipeline of solar photovoltaic and battery storage projects in Germany. A partnership led by Canada Pension Plan Investment Board (CPP Investments) and New York-based infrastructure investor Global Infrastructure Partners (GIP) has agreed to acquire US energy company Allete Inc for USD 6.2 billion. The European Commission has approved Stonepeak Infrastructure Partners’ proposed acquisition of stakes in a 957-MW portfolio of US wind farms from Denmark-based Ørsted A/S. London-listed climate investor SDCL Energy Efficiency Income Trust plc has sold UU Solar, a 69-MW UK on-site renewables portfolio of predominantly solar assets, for GBP 90.8 million. US AI-powered geothermal startup Zanskar Geothermal & Minerals has closed a USD-30-million funding round to help advance its technology and progress greenfield projects.
Solar Dominates US Energy Capacity Growth
The Federal Energy Regulatory Commission (FERC) has published data showing that solar accounted for over 75% of US electrical generating
