Plus, analyst WoodMac says a fall in the cost of power generation in Japan during the public health crisis will help drive renewables investment and the Indian government has relaxed borrowing rules for its financially crippled electric utilities.
Plus, even stay-at-home orders and plunging commercial energy demand failed to take the sting out of Australia’s solar duck curve and China’s GCL System counts the first-half cost of the public health crisis.
As the Covid-19 pandemic gradually eases, countries around the world have slowly begun to relax lockdown measures. Some countries have also launched varying types of economic stimulus to support the solar sector. In contrast to others, the Chinese market is stable, as the country has had some success in controlling the virus.
Plus, solar funding is down and Australian rooftop installers are preparing for tough times ahead as one U.S. utility has warned customers to be alert to scammers hoping to benefit from the pandemic.
Plus, there was plenty of hope in predictions made by Norwegian institute DNV GL but U.S. households are facing hefty energy bills just as data from Delhi showed the link between industrial shutdowns and cleaner skies.
Scientists measuring air pollutants and PV performance in Delhi have found the lockdown conditions imposed in the Indian capital since late March have brought about a significant reduction in air pollution which has led to an 8% increase in solar irradiation reaching rooftop arrays.
Plus, there is hope of a bright new dawn with proposed legislative changes in Europe and the U.S. even as the solar equipment industry hits new lows and cyber attacks reportedly increase in frequency.
The nation added a year-high of almost 450 MW of new capacity during the month to take the five-month total for 2020 to 1,926 MW. The solar subsidy will fall another 1.4% from tomorrow.
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