To download the latest issue
Jun 4th, 2014
First Solar to acquire technology provider skytron-energy from AEG Power Solutions
First Solar, Inc. (NASDAQ: FSLR) announced that it has entered into an agreement to acquire skytron-energy, a subsidiary of AEG Power Solutions, which provides utility-scale photovoltaic (PV) power plant management systems, Operations and Maintenance (O&M) services, data monitoring technology, and equipment to solar power plants throughout Europe.
With increased focus on integrated power solutions, First Solar expands in Europe
Currently, skytron has installed monitoring and control systems in more than 600 plants across Europe with a total peak capacity of 5 gigawatts (GWp), more than doubling First Solar's global portfolio of monitored assets. The acquisition is subject to consent by the German merger control authorities ("Bundeskartellamt"). Terms of the deal were not disclosed.
More PHOTOVOLTAICS news