The impact of the second Covid-19 wave
Time and cost overrun risks are increasing for solar project developers, as India goes into partial lockdowns to battle the next Covid-19 wave. Still, analysts say there will not be much of an impact on annual capacity installations, given the upcoming no-duty window.
A spike in daily new Covid-19 cases since mid-February has India imposing partial lockdowns in many states. But as harsher lockdowns look to curb new infections, apprehension grows that the measures could derail the strong solar growth that had been forecast. PV installations showed signs of recovery after economic activities resumed post national lockdown …
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