Tag: Grid Scale

Tesla completes acquisition of Maxwell

Tesla announced the successful completion of its previously announced offer to exchange all outstanding shares of common stock of Maxwell Technologies for 0.0193 of a share of Tesla common stock, together with cash in lieu of any fractional shares of …

Ørsted to buy solar and storage developer, Coronal

Yesterday during an earnings call, Danish offshore wind giant Ørsted announced that it has entered into an agreement to acquire a subsidiary of US-based Coronal Energy a developer of large-scale solar and storage projects. Ørsted’s CEO and President Henrik Poulson said that Coronal is “a nationwide solar and storage developer with a significant pipeline of solar and storage projects” and that the acquisition will expand “our capability platform and exposure to new attractive regional markets.”