First Solar Buys Skytron Energy For European Footprint

Tempe, Arizona-based First Solar has acquired European solar technology developer Skytron-energy, the company said Tuesday. Financial details of the buy were not disclosed. Skytron-energy was a subsidiary of AEG Power Solutions, and provides utility-scale photovoltaic (PV) power plant management systems, Operations and Maintenance (O&M) services, data monitoring technology, and equipment. The company's equipment is used in Europe, at more than 600 PV plants. FIrst Solar said the move will help it in expansion in Europe.