SkyFire Energy Acquires Hakai Energy Solutions

SolarEdge Technologies Acquires Hark Systems Ltd.

January 3, 2023

Energy

SolarEdge Technologies has entered into a definitive agreement to acquire Hark Systems Ltd., a Leeds-based energy analytics and Industrial IoT SaaS provider. The acquisition will expand SolarEdge's commercial and industrial energy management and monitoring capabilities by adding Hark's platform for energy analytics, asset connectivity and load orchestration.

Generac Acquires Off Grid Energy Ltd

September 1, 2021

Energy

Generac Holdings Inc. acquired Off Grid Energy Ltd, a Rugby, United Kingdom-based designer and manufacturer of industrial-grade mobile energy storage systems. The acquisition expands Generac’s energy storage portfolio and accelerates its entry into distributed energy, microgrid and mobile storage markets; terms were not disclosed.

Hover Energy Acquires Shine Development Partners

December 7, 2022

Energy

Hover Energy has acquired Shine Development Partners to integrate solar, storage and project development capabilities into its Wind-Powered Microgrid offering. The acquisition brings Shine's project development, financing and operations experience in commercial and industrial solar and storage to support Hover's commercialization and global rollout of its microgrid technology.

Hydrasun (SCF-backed) Acquires Fuel Cell Systems Ltd.

September 28, 2022

Renewable Energy

Hydrasun, backed by SCF Partners, has acquired Fuel Cell Systems Ltd., a UK provider of hydrogen systems including fuel cells, modular electrolyzers, compression, storage and refueling systems. The acquisition expands Hydrasun's hydrogen systems capabilities and proprietary technology with plans to scale manufacturing, recruit staff and accelerate R&D.

Generac Acquires PowerPlay Business from SunGrid Solutions

June 26, 2024

Renewable Energy

Generac Power Systems has acquired the PowerPlay battery energy storage systems business from SunGrid Solutions. The PowerPlay operation in Cambridge, Ontario will become Generac's dedicated R&D facility for commercial & industrial BESS solutions; the transaction closed on June 26, 2024 and terms were not disclosed.

SunGrid (Hull Street Energy affiliate) Acquires Black Electric Inc.

September 20, 2022

Electrical Services

SunGrid Holdings, an affiliate of Hull Street Energy, has acquired Black Electric Inc., an electrical contracting firm based in Fishkill, New York. The acquisition expands SunGrid’s northeastern U.S. footprint and adds local electrical contracting capability to support battery energy storage system (BESS) projects across New York.