Shaw has acquired a controlling interest in Watershed Solar LLC, enhancing its commitment to sustainable energy solutions through innovative solar technology.

Target Overview

Shaw has successfully acquired a controlling interest in Watershed Solar LLC, a leading provider of patented renewable energy solutions. The company's flagship technology, PowerCap™, features innovative solar arrays that are low-profile and high-output, suitable for installation on previously unusable sites such as landfills, coal ash closures, and rooftops. By transforming these liabilities into valuable renewable energy assets, Watershed Solar plays a crucial role in advancing sustainable energy solutions.

With this acquisition, Watershed Solar will now collaborate with Watershed Geosynthetics, LLC, which Shaw previously acquired a significant interest in back in October 2021. Both entities will operate under the unified brand of Watershed Geo®, offering sustainable solutions tailored for a diverse customer base, including large utilities, government agencies, and various global industries.

Industry Overview

The renewable energy sector has seen significant growth, particularly in the United States, where legislative measures such as the Inflation Reduction Act of 2022 have incentivized solar energy adoption. This policy environment fosters an increase in deman