pv magazine rounds up the latest Covid-19-related stories likely to affect the world of solar and energy storage.
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.
According to data released by analyst Wood Mackenzie and the Solar Energy Industries Association, the U.S. added more than 2.8 GW of residential solar last year. Cumulative operating PV capacity now tops 76 GW.
U.S.-owned analyst Wood Mackenzie expects solar demand to decline but predicts the market will recover, with the prospects for the energy transition remaining intact.
As the sector continues to grow rapidly, delays in manufacturing scale-ups, difficulties sourcing raw materials and a separate path taken by the electric vehicle sector could all chuck ‘sand in the gears’, according to analyst Wood Mackenzie.
WoodMac analysts say the amount of new battery manufacturing capacity added in the nation this year could fall by as much as 10% because of the outbreak. With Tesla’s Shanghai gigafactory affected by the extended new-year-holiday shutdown, the analyst warned of potential supply shortages for Australia and the U.S. and U.K.
The energy transition is becoming ever more apparent among power companies, as was evident at the European Utility Week event last week in Paris, which showcased the hopes and fears of energy companies. Rebranding next year to ‘Enlit’, the organizers aim to reach the whole energy industry.
This year will see strong growth for the global PV market, to 114 GW, and that pattern will continue in the years ahead, according to analyst Wood Mackenzie. a report has highlighted soaring inverter replacement costs for PV project owners as a side-effect of the solar success story.
The U.S. Trade Representative has not responded to claims it will end the exemption from Section 201 duties. If true, the development could be a big hit for Asian PV manufacturers and an annoyance for the U.S. market – but a positive for First Solar.
That record figure of utility scale PV was under contract at the end of June with 8.7 GWdc under construction. However, installation levels fell slightly, year-over-year.
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