Tags: Coronavirus affects solar projects

Solar Industry in a Post Pandemic World

COVID-19 is acceleratingly affecting nations across the globe, and bringing daily life and economies to a standstill. The biggest concern of the novel coronavirus outbreak is the uncertainty it holds. Solar, like most other industries is facing its own share of challenges today, and is struggling to meet its target of 100 gigawatt (GW) installed […]

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India face over 3 GW of renewable installation delay as result of lockdown: WoodMac

Research firm Wood Mackenzie in its new report projects that India could face over 21.6% or 3 gigawatts (GW) of solar photovoltaic (PV) and wind installations being delayed as a result of the country’s lockdown. Wood Mackenzie principal analyst Robert Liew said: “The timing of the lockdown is unfortunate as Q1 is typically one of the busiest […]

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MNRE operating though e-office from home amid coronavirus lockdown

The MNRE has been working through e-office from home amid the coronavirus lockdown imposed as a precaution to combat the spread of COVID-19 in the country. Besides the movement of files and notings online, review meetings are also taking place through video conferencing. “RK Singh, Minister for New and Renewable Energy, also took review meetings […]

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Coronavirus outbreak putting Solar projects at risk of missing deadline, facing penalties: Crisil

As many as 3 GW of solar projects worth Rs 16,000 crore could be at risk of penalties for missing their respective scheduled commercial operation date (SCOD) if the impact of novel coronavirus on trade with China prolongs, says Crisil.According to the ratings agency, non-adherence to completion of timelines attracts penalties, including downward renegotiation of […]

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