In December 2025, Google announced it would acquire Intersect, a renewable energy developer, for $4. 75 billion in cash, plus the assumption of debt. Swift Solar has acquired the core manufacturing assets and intellectual property of Meyer Burger—one of Europe's leading solar manufacturers. 75 billion acquisition of AI infrastructure-focused clean energy developer Intersect by Google, the company's investors announced the spin-out of Intersect's grid-tied power business to launch IPX Power as a new large scale independent power producer (IPP). Existing Intersect. Duke Energy Sustainable Solutions developed the 60 MW Palmer Solar Project in partnership with Colorado Springs Utilities, which secured the generating capacity through a 25-year power purchase agreement. (Courtesy: Duke Energy Sustainable Solutions) Contributed by Benjie Jenkins, Shishir Bhargava. Sunder Energy is forecasting 2025 revenue of about $74 million on 46 megawatts (MWs) of solar sales contracts installed by its customers, who are in the engineering, procurement and construction (EPC) business.
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