EPCs power play
Engineering, procurement, construction: If there is money to be saved or costs to be shaved in the EPC business, the worlds leading companies are addressing the challenge. Geographic diversification, vertical integration, and lowering of costs, including cost of financing, are three key strategies being taken.
In December, high-efficiency solar cell manufacturer SunPower announced its acquisition of Tenesol, a ten year old French company, whose core business is engineering, manufacturing and installing solar power systems globally. It is the third acquisition of a downstream company by Sunpower; it acquired Powerlight in 2006 and Sunray in 2010. A few months earlier, MEMC …
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