Plus, one Australian installer says residents who had installed solar and storage at home will be cushioned against thumping, coronavirus-related electricity bill rises this quarter and there are signs of recovery in overall energy consumption levels.
Analysts appear divided on the effects the public health crisis will have on the EV market even as sales of petrol-engined SUVs soar in China. And Portugal is plowing on with its Covid-delayed national solar tender, an exercise which may help establish whether clean energy thinktank Ieefa is right to predict PV prices will continue to fall.
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.
Portugal set a new coal-free record because of the pandemic as Belgium and Israel moved to help the renewables industry. But there was grim news in Mexico and Turkey, and Bangladeshi clean energy firms have appealed for more assistance.
Industry body SolarPower Europe hosted a webinar to consider how the global public health crisis will affect solar. While workers and materials are still available, industry experts are concerned about the state of the financial sector. Banks could become more conservative and raise the cost of capital for renewables projects.
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.
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