Turner Renewable invests in PV developer Merit SI

photonJanuary 29, 2018224

Turner Renewable Energy, LLC (TRE) and related investors have invested in a significant minority stake in Texas-based Merit SI LLC, a PV project engineering and development company. Led by Tom Kuster and Richard Gruber, Merit features expertise in solar photovoltaic power systems, energy storage and power plant optimization controls. Merit SI has sales offices in Austin and Houston, Texas, and an engineering office in Central New Jersey.

TRE made a similar investment in 2007 into DT Solar, where Kuster was CEO. DT Solar was renamed Turner Renewable Energy and the portfolio of utility and industrial scale solar power plant projects developed at TRE were later acquired by US solar manufacturer, First Solar.

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