European renewables investor The Renewable Investment Group (TRIG) has warned of a “material impact” from COVID-19 on its power price forecasts, contributing towards a cut to the group’s net asset value (NAV).
The PV inverter rooftop solar market in India was dominated by three China-based manufacturers last year, led by Growatt, according to JMK Research & Analytics.
Group rolls out COVID-19 precautions as it starts building 126MW trio in Ciudad Real and expects to break ground on 264MW PV project in Extremadura in ‘coming weeks’.
A new peak solar generation record has been set in the UK, with the industry citing the pivotal role of a collapse in air pollution levels following the roll-out of lockdown measures.
Renewables generators have been reminded that power produced during extended periods of negative pricing cannot receive subsidy payments under European regulations.
Firm says green energy ‘mission’ will steer actions at time of COVID-19 uncertainty, as shareholders back US$500m raise to fund US$1.8bn plan to deploy solar and wind in Chile and Colombia.
Order signed by US president grants importers 90-day deferment on the payment of duties, taxes and fees to help with COVID-19 impacts, but does not extend the lifeline to PV components.
Government asks states to set aside land for new factories in busy week for Indian renewables, featuring the results of 2GW solar auction and the granting of new deadline extensions.
US trade reps move once more to scrap reprieve for two-sided modules from Section 201 tariffs, but measure cannot come into force until last year’s court injunction is lifted.
Updated: High-performance PV manufacturer SunPower has idled all of its manufacturing plants located in the US, Mexico, France, Malaysia and the Philippines to restrict the financial and operational impacts of the COVID-19 pandemic.
