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Covid-19

Covid-19: Discom revenue dip could spell trouble for PV producers

Sliding electricity demand and declining commercial and industrial activity could prompt distribution companies to block or delay payments to solar power producers.

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Delhi discom BRPL deploys Enact’s cloud platform to manage solar approvals

The digital platform automates the entire distributed solar project design and net metering approval process, which is crucial in today’s era of social distancing and remote business operations driven by COVID-19 globally.

Analyst expects recovery for PV and storage supply chains

U.S.-owned analyst Wood Mackenzie expects solar demand to decline but predicts the market will recover, with the prospects for the energy transition remaining intact.

Optimistic solar outlook dimmed by COVID-19 – Bridge To India

Developers are also expected to drag their heels over project completion during the first half of the year as the safeguarding duty applied to imported Chinese and Malaysian solar products is due to expire at the end of July.

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India Ratings maintains stable outlook on solar sector for FY2020-21

Contracted revenue, minimal volume risk and moderate-to-strong counterparties mitigate cash flow concerns in solar assets.

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Trade shows postponed over coronavirus fears

As the contagion continues to spread, its impact is beginning to be felt on the solar industry outside China with the cancellation or postponement of major trade shows and conferences that were set to take place over the next few weeks.

Solar projects reprieved as Indian government declares coronavirus a force majeure

Lobby group the National Solar Energy Federation of India says around 4 GW of solar plant capacity is likely to be affected by component shortages after the outbreak of the virus in China.

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3 GW Indian solar projects at risk due to Coronavirus, says CRISIL

Delay in sourcing of PV modules from China can cause project cost and time overruns, inviting penalties for missing the commissioning date.

Coronavirus could cost Chinese battery makers 26 GWh of output

WoodMac analysts say the amount of new battery manufacturing capacity added in the nation this year could fall by as much as 10% because of the outbreak. With Tesla’s Shanghai gigafactory affected by the extended new-year-holiday shutdown, the analyst warned of potential supply shortages for Australia and the U.S. and U.K.

Coronavirus could cause solar panel price spike

The coronavirus outbreak in China could raise solar module prices in the near term as manufacturers have already begun experiencing wafer and solar glass shortages. Production rates are also being affected by an extended new year holiday introduced by the authorities as a measure to deal with the virus, and the requirement workers from infected areas quarantine themselves for two weeks.

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