Berlin sees bids below the 5-cent-per-kWh mark as it contracts 300MW-plus to PV players while Budapest overwhelmingly opts for solar in first ever green energy auction.
Supply chain delays will not trouble developers as much as return-crippling exchange rates, says consultancy Rystad Energy as it trims PV annual growth forecast from 140GW to 126GW.
Move by EU leaders to push ‘green transition’ into heart of pandemic recovery plan comes as reports of supply chain impacts spread across the bloc's major PV markets.
Country is ‘ready to go’ but will hold off until the crisis subsides, state secretary João Galamba tells PV Tech as he confirms details of tender designed to offer storage a fighting chance.
German parent of green energy developer BayWa r.e. says it is ‘well positioned’ in year where unit will seek new shareholders and work to deliver 690MW solar pipeline.
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SunPower is planning to make operating cuts to save around US$50 million, due to ongoing impact of COVID-19 and has withdrawn previous financial guidance for the year.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.
