Today’s renewable energy news includes announcements from Octopus Energy, SunPower, Exowatt Partners, Matrix, and others.
Octopus Energy Expands Australian Portfolio With Major Solar and BESS Acquisitions
Octopus Energy has strengthened its Australian renewable energy presence through the acquisition of large-scale solar PV projects paired with battery energy storage systems (BESS). The move significantly expands Octopus’s clean energy portfolio in Australia, a fast-growing market for solar-plus-storage development driven by rising power demand and grid stability needs. The acquisitions support Octopus’s strategy to invest in flexible, future-ready renewable assets that can deliver reliable electricity and respond to market price signals. By combining solar generation with batteries, the projects are expected to improve dispatchability, reduce curtailment, and enhance energy security. Customers benefit from clean power, greater grid reliability, and long-term price stability. The expansion underlines continued international investment in Australia’s energy transition and Octopus Energy’s ambition to scale renewable infrastructure globally.
SunPower Acquires Silicon Valley Solar Installer Cobalt
SunPower has completed the acquisition of Cobalt, a Silicon Valley–based solar installer, strengthening its position in the US residential and commercial solar market. The deal expands SunPower’s local installation footprint and customer base in one of the country’s most active solar regions. The acquisition supports SunPower’s strategy to deliver end-to-end solar and storage solutions, improving customer experience through tighter integration of sales, installation, and service. For customers, the move is expected to result in faster project delivery, consistent quality, and expanded access to high-efficiency solar technology. The transaction reflects continued consolidation in the US solar installation sector, as companies scale operations to meet rising demand for distributed renewable energy and decarbonization solutions.
Exowatt Partners With DG Matrix to Power AI Data Centres
Exowatt has teamed up with DG Matrix to develop advanced power systems for AI-driven data centres, addressing surging electricity demand from high-performance computing. The collaboration focuses on integrating efficient power conversion, energy storage, and thermal management to deliver reliable, scalable, and low-carbon power solutions. The partnership reflects growing investment in energy infrastructure tailored for AI workloads, where uptime, efficiency, and grid resilience are critical. By optimizing on-site power systems, the solution aims to reduce energy losses, improve reliability, and lower carbon intensity. Customers benefit from cost-efficient, resilient power supply that supports rapid data centre expansion. The alliance highlights the convergence of digital infrastructure and clean energy innovation, supporting sustainable growth of AI and cloud computing while easing pressure on regional power grids.
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