EDF acquires US photo voltaic installer – pv journal Worldwide - Yepmode News

EDF acquires US photo voltaic installer – pv journal Worldwide

From pv magazine USA

EDF Renewables North America (EDFR) has acquired the remaining curiosity in EnterSolar, a provider of distributed-generation photo voltaic options to business and industrial (C&I) prospects.

EDFR, which is called a number one utility-scale developer, beforehand bought a 50% stake in EnterSolar as a part of a strategic partnership in late 2018. Now, as a completely owned subsidiary of EDFR, EnterSolar will profit from larger monetary stability and broader choices, together with power storage and good electrical automobile charging.

EnterSolar has a 15-year observe file of offering behind-the-meter photo voltaic options for a variety of U.S. company shoppers, with the corporate putting in 59 MW in 2020. Its company prospects over time have included Amazon, Goal, PepsiCo, and Fb.

EDFR mentioned its newest funding in EnterSolar capitalizes on the accelerating progress within the C&I photo voltaic market. Whether or not by putting in rooftop PV arrays on website or signing power purchase agreements, companies around the globe proceed to embrace photo voltaic.

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