The Middle Eastern kingdom has ordered the shutdown of solar wheeling facilities which use the grid to connect to energy offtakers. The move has come in response to tumbling electricity demand after the nation halted all non-essential industries as it tries to limit the spread of Covid-19.
Wood Mackenzie has cut its 2020 storage outlook to 430 MW – still an increase of more than 100% over 2019 – amid concerns over the role of sales, commissioning and interconnection in a period of shelter-in-place ordinances.
The economic fallout of the Covid-19 outbreak is yet to be determined but as legislators scramble to establish fiscal support for the EU it is becoming clear the suits in Brussels are not prepared to scrap their hard-won Green Deal plan. Quite the opposite, in fact.
The company has warned shareholders about the potential affect of the virus on its operations in the first half of the year but said Chinese operations had almost returned to normal.
The Asian Development Bank says developing countries in Asia and the Pacific should consider developing their own solar industry supply chains as the Covid-19 pandemic has exposed their over-reliance on China to carry through the energy transition.
Spanish clean energy company Grenergy has donated 55,000 pieces of Chinese-made personal protective equipment to the authorities in Madrid and electronics and e-mobility company BYD this month opened the ‘world’s largest mass-produced face masks plant,’ in Shenzhen.
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