25 Apr '16, 10am
EDF buys US installer groSolar
groSolar has developed more than 2,000 installations - or the equivalent of 150MWp - across the United States, including Massachusetts, New Jersey, Pennsylvania, North Carolina, Connecticut, Indiana and California. Source: Flickr - Walmart French electricity giant EDF Renewable Energy has signed an agreement for the acquisition of Global Resource Options ‘groSolar’, continuing its expansion in renewables in the US. GroSolar specialises in the sale and installation of solar systems for both residential and commercial clients in the States, and claims to be a leading operator in the field of solar project development, with an average installation capacity of 5MWp. This acquisition comes as the latest development in EDF’s ventures into the North American renewable energy market . Earlier this month, it signed a 15-year PPA with Southern California Edison (SCE) for a 111.2MW A...