Canadian Solar announces $265m deal to acquire Recurrent Energy from Sharp

James S Murray
clock

Electronics giant continues restructuring of solar operations as it moves to offload US developer

Canadian Solar has this week moved to bolster its position as one of the world's leading solar developers, announcing it is to shell out $265m in cash to acquire Recurrent Energy from electronics giant...

To continue reading this article...

Join BusinessGreen

  • Enjoy exclusive news, insights and analysis from Europe’s leading source of information on the green economy and business.
  • Make smart, responsible business decisions with an eye on the latest regulatory and tech development
  • Tap into our extensive archive of exclusive articles, news, analysis and guide
  • Access to our new BusinessGreen intelligence service, providing you with
  • > Exclusive in-depth case studies
  • > Policy briefings, white papers and reports on market trends that are shaping the direction of the net zero transition
  • Our overnight briefing, expertly curated help you run a competitive and sustainable business
  • Online and interactive meetings with BusinessGreen’s editors to discuss the crucial stories and trends from the past month

Choose the membership package that's right for you and your organisation, via our 3 membership levels.

Join now

 

Already a BusinessGreen member?

Login

More on Solar

Octopus Energy swoops for 'agrivoltaics' solar developer OX2 France

Octopus Energy swoops for 'agrivoltaics' solar developer OX2 France

UK energy giant's generation arm announces latest foray into French energy market with deal aimed at developing 500MW of solar capacity by 2031

Michael Holder
clock 15 January 2025 • 2 min read
Power play: The future for solar in commercial real estate

Power play: The future for solar in commercial real estate

The market for solar in commercial real estate is ascending, offering growing opportunities for businesses and consumers, writes Solivus CEO Jo Parker-Swift

Jo Parker-Swift, Solivus
clock 09 January 2025 • 4 min read
Car park solar panels could generate 1.3GW of 'untapped' green electricity

Car park solar panels could generate 1.3GW of 'untapped' green electricity

Solar panels mounted above over half a million suitable car parking spaces could generate enough electricity to power 350,000 homes, study claims

Stuart Stone
clock 08 January 2025 • 3 min read