Consultancy cites project delays and financial fallout as it cuts its pre-pandemic 2020 global solar installation forecast by 18% from 129.5GW to 106.4GW.
Agency expects broader renewables will be fastest growing power source in 2020 despite COVID-19 but believes economic standstill will see PV additions dropping to 12.6GW.
This month’s episode of the Solar Media Podcast is now available to listen to, featuring stories of how the clean energy economy is responding to the COVID-19 crisis and analysis of how it might change the industry.
New roll-out figures and talk of cash increases come after leading US residential player acts to withdraw 2020 guidance, with media reports claiming around 100 staff are being let go.
Asia, US, Australia, Spain are among the highlights of year for which IRENA found 98GW of new solar installs, an estimate below the 110-120GW range offered by different analyses.
Solar EPC specialist joins speakers of UNEF webinar to spell out its steps to weather the pandemic so far and its broader views on how the solar will be transformed by the crisis.
Badly hit by the COVID-19 crisis, New York State has opted to “dramatically speed up the siting and construction of clean energy projects” as one facet of its plans for economic comeback.
Preliminary data compiled by PV Tech highlights an unprecedented level of solar industry capacity expansion plans having been announced in just the first quarter of 2020, easily surpassing any total annual plans in the history of the industry.
Solar investor NextEnergy Capital (NEC) has continued its fledgling foray into the US solar market, completing on string of community assets across New York.
Firm vows to ramp up investment ‘as soon as possible’ after decree puts construction on hold in its home country, with a spokesperson telling PV Tech long-term funding is not expected to be hit.
