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 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.
While the full extent of the impact of the Covid-19 pandemics on the renewable energy market is yet to reveal itself, Norwegian consultancy Rystad Energy predicts new solar and wind projects will grind to a halt this year and experience a ripple effect in the years beyond as currencies across the globe continue to fall against the US dollar.
The impact of COVID-19 will leave its mark on our society and economy while a sliding Australian dollar is likely to make imported goods more expensive. In its webinar held on Thursday, the Smart Energy Council is discussing business tips on how to weather the storm over the next six months. And a question arises: Can residential and commercial solar and storage buck the trend against the economic recession which is on the way?
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.
The Australian Government’s “Economic Response to the Coronavirus” incentivises commercial and industrial solar PV uptake.
Trina Solar’s two new bifacial solar modules are touted as a “game changer,” not only for utility-scale projects, but for commercial and industrial developments as well. PV innovation continues to reduce costs and improve performance, but Australia’s outdated infrastructure is doing its best to slow the transition down.
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.
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