Japanese Firm Makes Sharp Moves in Solar Market
OSAKA, Japan — Sharp Corp., a manufacturer of microwave ovens, televisions — and a player in the solar market — is acquiring Recurrent Energy, a solar project developer based San Francisco, in a $305 million cash deal, according to reports.
The move will bolster Sharp’s solar panel portfolio, which includes the production of photovoltaics for residential, commercial, government, and utility-scale applications, making the multinational more of a “one-stop shop” for solar systems, according to sources.