Q CELLS Acquires Growing Energy Labs (Geli)

Beam Global Acquires AllCell Technologies

February 23, 2022

Energy

Beam Global (Nasdaq: BEEM) entered into a definitive asset purchase agreement to acquire AllCell Technologies in an all-stock transaction, combining Beam’s EV charging and clean-energy products with AllCell’s battery engineering and manufacturing. The deal is intended to secure Beam’s battery supply chain, expand manufacturing and IP capabilities, reduce COGS, and accelerate product development across EV, micro-mobility, aviation and stationary energy markets.

Zeo Energy Corp Acquires Heliogen, Inc.

August 12, 2025

Renewable Energy

Zeo Energy Corp (Nasdaq: ZEO) completed its acquisition of Heliogen, Inc., combining Zeo’s residential solar and storage footprint with Heliogen’s concentrated solar and long-duration energy storage technology to create an integrated clean energy platform across residential, commercial, and utility markets. The merger closed on August 8, 2025; Pickering Energy Partners served as financial advisor to Heliogen during the strategic process.

GIC Leads $135M Growth Investment in Powin LLC

July 14, 2022

Renewable Energy

Powin LLC, a US-based designer and manufacturer of grid-scale energy storage systems, received a $135 million growth equity investment led by GIC with participation from Trilantic Energy Partners North America, Energy Impact Partners, and Samsung Ventures. The capital will be used to scale Powin's global manufacturing, further develop its product suite and software, and support supply-chain and international growth.

Celly H2 Acquires Chemtec New Energies from Chemtec Energy Services

July 30, 2024

Renewable Energy

Celly H2 LLC has acquired Chemtec New Energies (CNE), a renewable-energy focused division of Chemtec Energy Services LLC, to expand its hydrogen fueling and storage infrastructure capabilities. The deal brings CNE's modular refueling and storage expertise into Celly's portfolio to accelerate deployment of modular advanced hydrogen refueling stations (MAHRS) for municipalities, transit authorities, fleets, industrial users and ports.

Qualus Corporation Acquires ASSET Engineering

June 17, 2024

Energy

Qualus Corporation has acquired ASSET Engineering, a Jackson, Mississippi–based power engineering and consulting firm specializing in renewable generation development, battery energy storage systems, microgrids, and distributed energy resources. The acquisition expands Qualus' capabilities in renewables, energy storage, and critical-infrastructure support for clients such as utilities, developers, and data centers and broadens its U.S. footprint.

Stem, Inc. Acquires AlsoEnergy

December 16, 2021

Renewable Energy

Stem, Inc. acquired AlsoEnergy (Also Energy Holdings, Inc.), a global leader in solar asset management software, in a cash-and-stock transaction announced in December 2021 and closed in early 2022. The ~$695 million deal (approximately 75% cash / 25% stock) expands Stem's software capabilities and assets under management, adding ~32–33 GW of solar AUM and broadening cross-sell opportunities across utility and commercial & industrial customers.