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Solar M&A May Have Slowed Considerably in Q2. The Market Is Not Overly Concerned [GTM Squared]

The coronavirus pandemic threw nearly every element of the U.S. solar industry into disarray. Developers and suppliers sent preemptive force majeure warnings. Utilities paused some requests for proposals. Experts warned of tightening financial markets. 

Amid the turmoil, at least one trend seemed to remain stable: the capacity of solar projects and portfolios acquired in Q1 2020 actually eclipsed that of the same period last year, according to tracking from Mercom Capital Group.

But Mercom’s most recent numbers suggest the coronavirus may have mowed down even that trend.

Source: Greentech Media