Martina Markosyan

Danish renewable energy company Momentum Energy Group A/S has commissioned a solar park near Aunslev in Nyborg Municipality, eastern Denmark, which will now be capable of generating around 36,000 MWh of green electricity annually.

Flex (NASDAQ) has agreed to acquire US power conversion technology company EPC Power Corp for USD 4.4 billion (EUR 3.78bn), gaining technology and manufacturing capabilities that serve data centres, utility-scale energy storage and microgrids.

US infrastructure investor ArcLight Capital Partners has committed USD 1 billion (EUR 860m) in equity to launch Anchor Point Transmission, an independent company that will develop, finance, own and operate high-voltage transmission infrastructure across the US.

German energy company Uniper SE (ETR:UN0) has attracted sufficient capacity reservations from potential off-takers to advance the development of its planned hydrogen import terminal in Wilhelmshaven, Germany.

South Korea plans to designate 25 GW of preliminary offshore wind zones by 2031 under a new government-led siting system aimed at accelerating project development and supporting the deployment of 45 GW of offshore wind by 2040.

Renewables Now covered M&A stories about CIP, SB Energy, BW ESS, Engie, ArcLight, Flex and others in the past week. Below is the full list:

US independent power producer Headwater Energy announced that it has closed a deal to supply solar power to US social media giant Meta Platforms Inc (NASDAQ:META) from a 125-MW project in Texas.

South African renewables-focused independent power producer Sturdee Energy announced its entrance into the Zambian market through the acquisition of the 200-MW Masaiti Wind Project in the country's Copperbelt region in Mpongwe District.

Indian engineering major Larsen & Toubro (BOM:500510), or L&T, has postponed a plan to bolster its electrolyser manufacturing capacity to 1 GW, as weak demand for green hydrogen bears negative effect on the company’s investment decisions, the Economic Times reported, citing sources in the know.

The Union of the Comoros has inaugurated three solar plants totalling around 20 MW, along with battery storage capacity, as part of an initiative implemented with backing from the United Arab Emirates (UAE).