After Big Oil’s waves of consolidations, Big Solar could be next

The wave of consolidation that swept through Big Oil in the last few months is expanding to Big Solar.

Large U.S. solar companies, hungry to buy commercial and utility-scale projects from their smaller peers, are finding a growing number of sellers who lack the patience and deep pockets needed to actually get a new solar farm built and connected to the grid, renewable energy experts told Semafor. That’s a reversal from 2023, when solar dealmaking largely dried up because of lingering uncertainties over Inflation Reduction Act tax credits and how...