pv magazine rounds up the latest Covid-19-related stories likely to affect the world of solar and energy storage.
Another big solar event has joined the list of those canceled because of Covid-19. The next edition of The Smarter E event will take place next year.
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.
The module giant today announced it will donate a million items of personal protective equipment to the European and Asian countries currently battling the spread of the novel coronavirus.
The Covid-19 crisis has far-reaching effects – including on the PV industry and solar installation market. The results of a survey conducted in a recent pv magazine webinar painted a picture of businesses unsettled by the pandemic but still taking orders at present.
Sliding electricity demand and declining commercial and industrial activity in India could prompt distribution companies to block or delay payments to solar power producers.
Antonio Delgado Rigal, chief executive of energy forecasting service Aleasoft, has told pv magazine all unsubsidized solar project financing will be postponed until it is possible to make reliable price predictions again. Projects could change hands in the meantime though, thanks to deep-pocketed investment funds on the lookout for bargains.
The US solar company says its production lines in Ohio, Malaysia and Vietnam have thus far been able to carry on operations. The company says measures have been taken to protect its workers at all of its premises.
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