Analysis from Green Energy Markets shows the Australian rooftop PV market in robust health during the first three months of 2020. According to STC data, more than 30,000 rooftop installations were registered in the month, for a total of close to 250 MW of capacity. And then came Covid-19.
Short- and long-term impacts of the pandemic on electricity markets are still unclear.
One of the largest solar projects scheduled to break ground this year has moved into the construction phase mostly unaffected by Covid-19 disruption.
The module giant has signed a one-year $37 million line of credit agreement with the National Australia Bank.
Before Growatt won the Top Brand PV Seal award, back when “quarantine” was a foreign concept and foreign lands familiar, pv magazine took its annual China Road Trip to Shenzen to visit Growatt and learn about the company supplying solutions to 10% of Australian residential PV installs.
The Australian Energy Regulator has called on Australian energy businesses to take its customers doing it tough at this time into consideration. The AER has set out 10 expectations for energy businesses.
The Asian Development Bank says developing countries in Asia and the Pacific should consider developing their own solar industry supply chains as the Covid-19 pandemic has exposed their over-reliance on China to carry through the energy transition.
With the Australian solar industry fast heading towards a significant downturn, the Clean Energy Council has reported that it will be “unlikely and difficult” for new rooftop solar installations to be classified as an essential service if restrictions are tightened. Despite the apparent gloom, industry experts advise that there are opportunities as householders look to invest in their homes during the Covid-19 crisis.
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