We combine world-class capabilities in development, financing, engineering, construction, and asset management to deliver customer-focused solutions with unparalleled reliability, performance, and value.
Our portfolio includes projects in 40 U.S. states totaling 2.3 GW nationwide, with more than 3.4 GW of additional greenfield and brownfield projects under construction/contract, in development, or in the pipeline.
Coronal Energy develops, finances, and operates solar PV projects for utilities, municipalities, corporations, and other organizations in exclusive partnership with Panasonic. In December 2014, Panasonic made an initial strategic investment in Coronal, followed by a second investment in September 2016. Coronal announced the acquisition of HelioSage Energy, a leading utility-scale solar project developer, in February 2015. In September of the same year, Coronal and Panasonic announced a strategic investment in Blue Oak Energy, a best-in-class commercial and utility-scale solar engineering and construction company founded in 2003. Coronal Energy also continues to actively acquire solar PV assets in virtually any stage of development. The company has major initiatives in the United States and Canada.
The Coronal Energy, powered by Panasonic, team includes the Energy Solutions Group of Panasonic Corporation of North America, a wholly-owned subsidiary of Panasonic Corporation. Founded in 1918 and globally headquartered in Osaka, Japan, Panasonic has more than 254,000 employees worldwide and more than $70 billion in annual revenue. Panasonic entered the solar business in 1975 and as recently as early 2016 its award-winning HIT solar modules held the world record for solar conversion efficiency. Panasonic ranked #5 overall and #1 among tech companies on Interbrand/Deloitte’s most recent “Best Global Green Brands” report in 2014. In 2016, Forbes named Panasonic—a Fortune Global 500 company—to its list of “World’s Most Valuable Brands.”