M&A and secondary markets: With the pace of solar growth in Europe slowing, activity in the secondary solar market appears to have picked up, funneling solar assets into the hands of a shrinking few. Such consolidation of the market has manifest in increased mergers and acquisitions activity, particularly in the O&M space. Is this new PV landscape an inevitability, a one-off, or simply cyclical?
In the U.K., some solar assets are now being sold for the second or third time as primary installation activity has slowed and the secondary solar market has grown.
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