COVID-19

pv magazine rounds up the latest Covid-19-related stories likely to affect the world of solar and energy storage.

The Ministry of Mines and Energy has delayed auctions to procure new transmission as well as generation capacity and has not announced when they will resume.

Yulin, in Shaanxi province has brought the curtain down on around 1 GW of PV projects which are under construction. It had previously been expected the city would add around 5 GW of new solar this year.

While the impact of the Covid-19 pandemic on the renewable energy market is still not clear, Norwegian consultancy Rystad Energy says that new solar and wind projects will grind to a halt in 2020, creating a ripple effect in the years to come, as currencies throughout the world continue to slide against the US dollar.

pv magazine rounds up the latest Covid-19-related stories likely to affect the world of solar and energy storage.

State secretary for energy, João Galamba, said the planned procurement round will have to wait for markets to be less turbulent. The auction was due to be held in April. Meanwhile, a dedicated portal for future rounds has been created.

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.

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.