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Covid-19

Australian Government stimulates solar PV in the face of Coronavirus threat

The Australian Government’s “Economic Response to the Coronavirus” incentivises commercial and industrial solar PV uptake.

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Short-term symptoms

The COVID-19 outbreak has disrupted the global PV supply chain. China, the largest manufacturing hub for solar products, has postponed factory openings in many regions, as it has been hit by logistical hiccups, staff shortages, and delivery delays. Manufacturers in some Chinese provinces are running under capacity, while those overseas are facing the same situation.

Clean energy industry events postponed over coronavirus pandemic fears

As the disease continues to spread, its impact on the clean energy industry is growing with the cancellation or postponement of major trade shows and conferences that were set to take place over the next few weeks.

BNEF lowers 2020 global PV outlook due to coronavirus concerns

Many solar factories in China are starting to resume production, suggesting that concerns about supplies of PV components could soon begin to ease. Nevertheless, the temporary standstill will have an impact on the global solar market, as the implementation of some projects will probably be postponed until next year.

Coronavirus could cause PV module, battery cell shortages in Australia

As the outbreak takes its toll on solar panel and battery manufacturing in China, Australia is bracing for disruptions in the supply chains.

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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