Reznick Group Acquires Consulting Firm Think Energy
Accounting firm Reznick Group PC has acquired technical consulting firm Think Energy Inc. The new entity will be called Reznick Think Energy LLC and will be brought under the Reznick Group masthead.According to Reznick Group, Reznick Think Energy will provide technical experience in clean energy, sustainability and energy efficiency. The new subsidiary will provide a range of services, including investor due diligence, on-site renewable energy feasibility assessments, procurement management, technology assessment and permitting support.Think Energy CEO Mark Crowdis will lead the new group. He brings to the position 20 years of experience in sustainability and renewable energy and a strong track record of successful projects for a range of entities, Reznick Group adds.
TerraForm Power Inc. says it will acquire the operating portfolio of Hudson Energy Solar Corp., a solar project developer that owns and operates solar assets for schools and commercial and industrial customers. TerraForm Power will purchase and split the company with SunEdison Inc.Hudson's portfolio of 101 projects (approximately 25.5 MW) will go to TerraForm Power, while its 4.5 MW development pipeline will be acquired by SunEdison and added to TerraForm Power's call right project list.Just Energy Group, the holding company for Hudson, will also provide TerraForm Power with a right-of-first-offer agreement to acquire new operating solar projects built for Just Energy's commercial and industrial customers in four states: New Jersey, New York, Massachusetts and Pennsylvania.
SMTC Corp., a global electronics manufacturing services provider, and Enecsys Ltd., a supplier of micro-inverter products for the global solar market, have entered into a partnership to produce Enecsys micro-inverters for the Canadian market at SMTC's Markham, Ontario, facility.The arrangement enables Enecsys' micro-inverters to meet the Ontario Power Authority's feed-in-tariff domestic-content requirement for renewable energy projects.Enecsys claims that its micro-inverter systems, which are connected in parallel in order to maximize the energy harvest from each module, can increase a PV system's total energy harvest from 5% to 20%, depending on site-specific situations.
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