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.
Anti-pandemic shutdown measures will help reach target-complying 40-45% emission cuts this year but a failure to invest in green growth may make progress temporary, country told.
Group notes outbreak could see construction contracts postponed but insists it can reach 1GW-by-2020 installed capacity target, amid PV work in Brazil, Portugal, France and others.
Italian energy giant argues most of its EBITDA comes from contracted activities, with financial results showing firm built 3GW of green energy in 2019 and is eyeing a further 4GW in 2020.
Facility’s location at out-of-the-way Si Racha zone, preliminary stocking of raw materials and the still-healthy state of global freight have helped minimise impacts, manufacturer tells PV Tech.
Solar reps of Europe’s largest market call for deadline extensions amid fears that component delays and staff shortages could see projects lose right to subsidies.
Bilateral revolving credit facility of €55m from Intesa Sanpaolo will fund construction of 12 PV projects in Sicily, Apulia and Lazio, reportedly among country's first subsidy-free projects.
German energy firm EnBW is set to build a 187MW solar power plant northeast of Berlin in Werneuchen, Brandenburg that is planned to operate for 40 years.
