Coronal and Panasonic begin construction on 37MW portfolio of North Carolina projects

Renewable energy company Coronal Group and Panasonic Eco Solutions have announced a new portfolio of eight PV projects currently under construction in North Carolina.

The 37MW portfolio will net around 71.3 million kWh per year, producing enough energy to power just under 4,500 homes annually. Panasonic will carry out engineering, procurement and construction (EPC) duties on the sites, while also serving in operation and maintenance roles.

Jonathan Jaffrey, CEO of Coronal, said: "The North Carolina portfolio is an important milestone. These are the first projects that were originated and developed, end-to-end, using the Coronal-Panasonic platform, an innovative model we developed together that serves as a one-stop shop for renewable energy."

Danny Van Clief, executive vice president of Coronal Development Services (CDS), added: "The ability to develop a project soup to nuts gives our project stakeholders a lot of confidence. Whether it's a land owner, a utility, or an equipment supplier, everyone takes comfort in the fact that the same team will control the project for its full life cycle."