Coronal Energy Gets Funding From Panasonic

Pasadena-based Coronal Energy, a provider of solar photovoltaic (PV) project development, financing, and operation services for the utility, municipal and corporate market, has scored a strategic investment from Panasonic, the two said this morning. Financial terms of the funding were not disclosed. The two said that, as a result of the investment, Coronal will become Coronal Energy powered by Panasonic. Panasonic made its first investment in the company in December of 2014, and another in September of 2016. Coronal Energy is led by Jonathan Jaffrey.