Featured in Solar leads the European recovery – 06-2020

Green finance and the future of PV

According to the IEA’s World Energy Investment 2020 report, the Covid-19 pandemic has resulted in the largest ever drop in global energy spending, with investment expected to plunge in every major sector, from fossil fuels to renewables and efficiency. Felicia Jackson explores the future of solar and the impact green stimulus could have on the sector.

By

pv magazine

15 Jun 2020

The European Bank for Reconstruction and Development headquarters in Lodnon. Harry Boyd-Carpenter, the bank’s head of energy EMEA, says Covid-19’s impact on the construction of new soalr and wind projects has been less severe than initially expected. | Image: Dermot Doorly/ EBRD

One of the biggest questions resulting from the Covid-19 downturn in electricity demand (pp . 26-27) is the extent to which the fall in electricity demand will impact the renewable energy project market, and whether investor appetite will continue. In January, IHS Markit forecast that solar would grow by a record 14% in 2020. Some …

Subscribe to get access to this content

Purchase a digital or print subscription to read this article in full. Choose the best subscription for you.