Solar Downstream companies led corporate M&A activity in 2023, acquiring 84 solar companies, followed by Manufacturers with five, Service Providers with four, and Balance of System (BOS) companies with three acquisitions. . The solar energy sector has experienced a dynamic landscape of mergers and acquisitions (M&A) over the past decade, reflecting the industry's rapid growth and evolution. M&A activities in this sector are frequent, driven by factors such as market consolidation, technological advancements, and. . Octopus Energy will acquire a solar and storage project in California that is expected to be operational by July as part of its investment. “We are excited about this opportunity to take OMCO Solar to the next level, now with the backing of a great partner in MacLean-Fogg. GameChange Energy, whose portfolio includes the tracker producer GameChange Solar and transformer manufacturer GameChange BOS. . Mercom Capital Group, a global clean energy communications and consulting firm, released its annual report on funding and merger and acquisition activity for the solar sector in 2023. Renewable Energy Corporation (REC) Thank you all for your trust in REC! #BestSolarPanels #AfterSalesSupport #SolarEnergy #AwardWinners pic. com/MBEPGpDmVn — REC (@RECGroupMedia) March 14. .