2020 could be the first down year for solar since 1980s

The solar PV sector is expected to be hardest hit by the economic slowdown caused by the coronavirus, as solar PV modules are chiefly manufactured in China, which has temporarily shut down factories to contain the spread of the infection. BNEF cut its global solar demand forecast for 2020 by 8% – from 121-152GW to 108-143GW, saying “this could make 2020 the first down year for solar capacity addition since at least the ...

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