Coronavirus’ effect on the renewable energy sector

| March 12, 2020

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Both renewable power projects and conventional energy operations have felt the constriction of global supply chains, which are currently being limited in a global effort to fight and contain the spread of the virus. Many manufacturers of wind turbines and their critical components are based in Asia, such as Goldwind in China, as well as producers of photovoltaic panels and batteries (particularly lithium). Market reticence about bringing in products from affected areas has seen significant constriction in the importation of these materials and parts - the price of batteries has dropped by 60%, owing to the industry’s concentration in Asia.

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Clean Energy Consulting Inc.

Clean Energy Consulting is passionate about developing and implementing practical projects that will have a meaningful, positive impact on the tremendous challenges facing our global community. From sustainable power generation and industrial efficiencies to extracting value from waste, our team of consulting professionals can help transform your project from concept to reality. We provide comprehensive project and multi-discipline engineering services to a wide range of industries and have a track record of delivering outstanding results on demanding projects.

OTHER ARTICLES

This electricity sector strategy could save wallets and ecosystems

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Outdated perceptions: how energy attitudes are damaging customer wallets

Article | February 27, 2020

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Spotlight

Clean Energy Consulting Inc.

Clean Energy Consulting is passionate about developing and implementing practical projects that will have a meaningful, positive impact on the tremendous challenges facing our global community. From sustainable power generation and industrial efficiencies to extracting value from waste, our team of consulting professionals can help transform your project from concept to reality. We provide comprehensive project and multi-discipline engineering services to a wide range of industries and have a track record of delivering outstanding results on demanding projects.

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