GroundWork Renewables Acquires CFV Solar Test Laboratory
October 1, 2024
GroundWork Renewables has acquired CFV Solar Test Laboratory to add PV module performance, reliability testing and resilience services to its utility-scale solar meteorological data offerings. The acquisition will integrate lab-based module testing with GroundWork’s MET datasets to provide owners, developers and EPCs enhanced performance modeling and risk evaluation services; terms were not disclosed.
- Buyers
- GroundWork Renewables, Inc.
- Targets
- CFV Solar Test Laboratory, Inc. (CFV Labs)
- Industry
- Renewable Energy
- Location
- New Mexico, United States
- Transaction Type
- Buyout
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