The Rapid Spread of COVID-19 is Paralyzing Photovoltaics
Balkan Green News recently featured CEA’s CEO, Andy Klump, regarding the manufacturing slowdowns impacting the solar industry due to COVID-19.
Manufacturing Slowdowns Impacting PV Industry
“The central point has been China, the dominant manufacturing force in the solar power sector, as the coronavirus outbreak led to lockdowns across the country. Factories were hit in Wuhan, Sichuan and Zhejiang, Chief Executive of Clean Energy Associates Andy Klump has told BloombergNEF.
Its researchers revised the total demand outlook for photovoltaic installations this year to a range of 108 GW to 143 GW from between 121 GW and 152 GW. This would be the first annual decrease since the 1980s.
The delays in supply raise the question of whether big producers of solar power systems would try and source subcomponents from other countries than China. Klump pointed to the potential of expansion in Vietnam, Malaysia and Thailand, but also Cambodia to some extent.”
Read the full article: Solar power projects worldwide slowed down by coronavirus.