Europe's solar power market is expected to drive a rebound in activity in the region's renewable energy mergers and acquisitions (M&A) sector in the second quarter, consultancy PwC said in a report on Monday.
A steep drop in module prices is expected to accelerate demand, making the sector an attractive long-term investment opportunity set to revive power market M&A after a weak start to the year, PwC said.
Foreign buyers have already started snatching up distressed European solar manufacturers, such as Germany's Solon and Swiss Oerlikon.
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A steep drop in module prices is expected to accelerate demand, making the sector an attractive long-term investment opportunity set to revive power market M&A after a weak start to the year, PwC said.
Foreign buyers have already started snatching up distressed European solar manufacturers, such as Germany's Solon and Swiss Oerlikon.
Read More
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