pandemic

EV sales are set to be 1.7 million off because of the economic fallout of the Covid-19 crisis, however analyst BloombergNEF predicts that will be less of a hit than the anticipated fall in sales of conventional cars, increasing the penetration of electric models into the overall market.

German engineering association the VDMA expects a difficult year because of the Covid-19 crisis. Sales had already dropped considerably last year and the current order intake level offers no glimpse of hope. However, the public health crisis may offer business in new markets determined to break a dependence on Chinese panels.

Plus, Italian developers continue to dig deep for their health service, the pandemic piles on problems for a debt-saddled Chinese company and analysts consider whether there will be any money left for a green economic recovery after the dust settles.

SFCE has revealed, in a string of stock market updates this year, the coronavirus pandemic is complicating its efforts to sell off PV projects fast enough to pay off creditors.

The EU research group tasked with optimizing renewable energy auction procurement processes said the achievement of climate change goals brought about by plunging energy demand should not endanger longer-term ambitions.

The Israeli inverter maker again posted a robust set of quarterly figures but is anticipating a dip in performance during the current three-month window as pandemic-driven lockdowns take effect in its markets.

The cash injection from Tech CU will fund the installation of ‘tens of thousands’ of the Californian manufacturer’s solar panels on residential rooftops over four years, according to the company.

Chinese solar project developer GCL New Energy revealed in its latest update in a drawn-out project sale saga how coronavirus measures will affect corporate gatherings.

The effect the coronavirus pandemic is having on energy systems and environmental policy in Europe was discussed at a recent machine learning and climate change workshop, along with the help artificial intelligence can offer to those planning electricity access in Africa.

A study by the International Energy Agency into the chilling effect of the Covid-19 pandemic on energy demand states renewables will be ‘the only energy source likely to experience demand growth for the rest of 2020’. The slower the economic recovery, the more the fossil fuel industry will suffer.