What Changed In The Solar Energy & Storage Markets In October?

on November 15, 2017

energy storage cleantechnicaThe largest renewable energy acquisition in history — that big enough for you? Global Infrastructure Partners bought Asia-Pacific’s largest independent renewable energy power producer, Equis Energy, to set the record. The acquisition was for a record $5 billion.

French energy giant Engie (formerly called GDF Suez), which has been acquiring cleantech companies like it’s got nothing better to do, recently made an acquisition of an African off-grid solar company, Fenix.

First Solar’s stock price jumped 20% at the end of October on the back of some strongly positive quarterly finances. It’s been over a year since First Solar’s share price was so high … but it’s still far below 2007–2011 levels.

Indian giant Acme Solar Holdings is aiming to raise Rs 2,200 crore ($335 million) in its initial public offering (IPO). You buyin’?

Groupe Renault knows where the world is headed, and it initiated a new Renault Energy Services business entity in order to try to capitalize.

On the other side of the pond, a new consortium of battery tech firms named Imperium3 New York announced it is investing $130 million over the next 5 years to commercialize “an innovative technology for making more efficient and less expensive lithium ion batteries.”

Meanwhile, UK startup Brill Power won a €100,000 prize at EnergyFest in Amsterdamfor finding a way to significantly extend the life of lithium-ion batteries.

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CleanTechnicaWhat Changed In The Solar Energy & Storage Markets In October?