Renewable energy infrastructure supplier Create Energy is acquiring solar racking manufacturer SOL Components from Kloeckner Metals. Create will offer SOL Components through its ONTRACK platform, a project design and management portal through which customers can also purchase packaged solar products.
Credit: Create Energy
“I am incredibly proud of this acquisition and excited to bring another powerful product and company into the Create Energy ‘Un-Evil Empire’ and our ONTRACK suite of solutions,” said Dean Solon, CEO of Create Energy. “We are building a unified power plant platform that simplifies and elevates how energy projects are designed, procured and deployed.”
SOL Components produces single-axis solar trackers, with models for one- and two-in-portrait applications, and a rail-based fixed-tilt ground mount racking. In 2023, SOL was acquired by Kloeckner Metals, a steel company headquartered in Roswell, Georgia.
“Create Energy promised to be a dominant force in the M&A market this year, and we are delivering,” said Joseph Fahrney, chief of staff at Create Energy. “In a consolidating industry, customers choose us because they trust Dean Solon and our ability to provide speed, certainty, unmatched performance and one of the best warranties in the industry. This acquisition amplifies our momentum and solidifies Create Energy as the premier long-term solutions provider for the energy sector.”
According to a press release, Create intends to continue acquiring solar product manufacturers.
