Canadian Solar announces $265m deal to acquire Recurrent Energy from Sharp

James S Murray
clock •

Electronics giant continues restructuring of solar operations as it moves to offload US developer

Canadian Solar has this week moved to bolster its position as one of the world's leading solar developers, announcing it is to shell out $265m in cash to acquire Recurrent Energy from electronics giant...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

James S Murray
Author spotlight

James S Murray

View profile
More from James S Murray

EV market revs up as July posts 50 per cent growth rate

Summertime silence

More on Solar

'A major player': Solar generated record 14.4 per cent of Great Britain's electricity in July
Solar

'A major player': Solar generated record 14.4 per cent of Great Britain's electricity in July

UK 'firmly in its second solar boom' as all-time monthly generation record tumbles yet again, NESO figures confirm

Stuart Stone
Stuart Stone
clock 03 August 2026 • 4 min read
Hive debuts solar-powered parasol to turn tide on beach day tech gripes
Solar

Hive debuts solar-powered parasol to turn tide on beach day tech gripes

Clean tech firm unveils Powersol to help beachgoers charge devices and see screens in bright sunlight

Stuart Stone
Stuart Stone
clock 27 July 2026 • 2 min read
Roll up, roll up: Touring circus ditches diesel for solar and battery in 'UK first'
Solar

Roll up, roll up: Touring circus ditches diesel for solar and battery in 'UK first'

Circus Funtasia claims it has become the UK's first solar-powered touring circus, after replacing diesel generators with solar and battery storage system that promise to cut emissions and energy costs

Michael Holder
Michael Holder
clock 24 July 2026 • 2 min read