Sector can contribute to economic recovery of pandemic-stricken nation if state acts to extend deadlines and counter the delays virus is creating, says association ANIE Rinnovabili.
Having already guided expected GAAP net losses of US$145-195 million for 2020, high-performance PV manufacturer, SunPower is planning to make operating cuts to save around US$50 million, due to ongoing impact of COVID-19 and has withdrawn previous financial guidance for the year.
IPP stands by its Q1 2020 power production forecasts and says it remains too early to predict any potential impact on solar project completion dates from the COVID-19 outbreak.
Firm believes long-term renewable growth is assured but trims €400m EBITDA guidance for next year, amid talk of pandemic disrupting construction timetables.
Firm behind major solar projects in Europe, the US and others tells PV Tech it fears work restrictions at regulatory bodies could further worsen already ‘unspeakable’ delays.
Germany-based LPKF Laser & Electronics AG has told PV Tech that its manufacturing plants in Germany are able to operate at normal capacity levels, despite the continued impact of COVID-19.
Industry reps persuade France to split rather than fully postpone major solar auction in July while Germany acts to freeze deadlines for bidding green energy projects.
Italian utility Enel has been forced to close the solar manufacturing operations of subsidiary 3SUN after Italian government directives on 22 March 2020 ordered closure of all non-essential production facilities nationwide.
Major semiconductor and specialist solar equipment manufacturer withdraws its business outlook for its FYQ2 as pandemic hits supply chain and manufacturing operations.
