Ecotricity announces that it has acquired SunEdison UK solar business

Ecotricity announces that it has acquired SunEdison UK solar business

SunEdison UK solar business

Ecotricity has announced that it has acquired home rooftop solar business of SunEdison. Before exiting UK, SunEdison had built a portfolio of nearly a thousand rooftop solar installations, a product known as the Energy Saver Plan.

Dale Vince, Ecotricity founder, in a statement said: “This is an exciting and important step for Ecotricity. As a company, we want to help more people generate their own power at home.

The government’s cuts to the feed-in tariff, and its broader attack on the renewables industry, have caused a significant problem for companies like SunEdison.

This is our first step into the domestic solar market, and as the price of the technology continues to fall, we’re confident that it’s only a matter of time before we can resume the work SunEdison started and help more homes take advantage of solar power,” said  Vince.

Ecotricity, who now supply approaching 200,000 customers from a fleet of wind and sun parks, last made an acquisition in 2014 when they rescued small windmill company Evance from administration – uniting Evance with other supply chain companies, Ecotricity formed a new small windmill company called Britwind.

Vince further added “We see a big future for renewable technology of this scale in Britain – small wind and rooftop solar will allow more people to generate their own power at home, decentralising the energy sector and putting power in the hands of the people.

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