CONNECT WITH US
Climate & Energy

Climate & Energy

Integrated Power Services acquires aftermarket solar inverter company Bold Renewables

Solar Power World logo

Published on

Add as a preferred source on Google
Integrated Power Services acquires aftermarket solar inverter company Bold Renewables

Integrated Power Services (IPS), a power management lifecycle service, has acquired Bold Renewables, the transaction effective October 9th. Headquartered in Windsor, Colorado, Bold Renewables provides field service, spare parts and preventive maintenance for Advanced Energy central solar inverters branded Solaron, NX, TX and PV Powered.

“The acquisition of Bold Renewables brings new and exciting inverter capabilities that strengthen IPS’s service offering for the lifecycle of solar and wind assets,” said John Zuleger, president and CEO of IPS. “Bold’s exclusive OEM parts position, experienced field service team and installed base reach complement IPS’s engineering, component repair and renewable energy service capabilities.”

Bold supports an installed base of approximately 14,000 legacy solar inverters, representing more than 4 GW of capacity across more than 3,000 solar sites in the United States and Canada. It holds the OEM design drawings, blueprints and firmware for these inverters.

“Joining IPS is an exciting next step for Bold Renewables,” said Brenda Clarke, president of Bold. “IPS brings additional engineering, repair, sales and service resources that can help us support our customers more broadly while preserving the OEM knowledge, parts access and responsiveness they rely on. Together, we can expand the lifecycle solutions available to solar asset owners and operators across North America.”

Bold will join the IPS Motion division as part of its renewable energy services group and operate alongside ENA Electronics and IPS Folcroft.



Source link
Related Topics:Climate & Energy

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We TheMorningPulse.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It's possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.