A Texas-based company involved with data analytics for the energy industry is acquiring a Spanish group as part of a continuing effort to expand its offerings in the power generation sector.

Enverus, formerly known as DrillingInfo and a longtime player in the oil and gas industry, on Sept. 14 said it is acquiring RatedPower, a software-as-a-service (SaaS) company based in Madrid. Enverus on Wednesday said the addition of RatedPower expands the company’s global footprint and strengthens its offerings for the solar power market.

The deal is part of a quick ramp-up of companies expanding their presence in solar power as the industry rebounds from the coronavirus pandemic, with governments worldwide providing incentives to increase clean energy deployment. Reliance Industries, an India-based multinational group with holdings in energy and other sectors, earlier this month said it has acquired a majority stake in California-based SenseHawk, an early-stage developer of software-based management tools for the solar power industry.

VG-Shipping Oy, the parent company of Finnish marine logistics company Meriaura Oy, in late August announced it will become a majority owner of European solar thermal systems provider Savosolar Oyj.…

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