• 3 days Retail On Pace For Most Bankruptcies And Store Closures Ever In One Year: BDO
  • 10 minutes America Could Go Fully Electric Right Now
  • 5 days Majors Oil COs diversify into Renewables ? What synergies forget have with Solar Panels and Wind Tirbines ? None !
  • 5 hours Rethinking election outcomes for oil.
  • 11 hours Clean Energy Is Canceling Gas Plants
  • 3 hours The Leslie Stahl/60 Minutes Interview with President Trump
  • 21 mins China leaders meet to discuss proposed 5 year economic plan.
  • 3 hours The City of Sturgis Update on the Motorcycle Rally held there, and the MSM's reporting hence
  • 1 hour Australia’s Commodities Heartland Set for Major Hydrogen Plant
  • 5 hours America's Frontline Doctors - Safely Start Living Again!
  • 5 hours Saudi Oil Minister Abdulaziz said getting rid of oil "Far Fetched and Unrealistic". . True. . . but
  • 1 day Video Evidence that the CCP controls Joe Biden
  • 3 hours Irina Slav has a good article - Regarding Investors & Oil
  • 1 day OP article : "Trump blasts Biden Fracking Plan . . . "
  • 2 days GAME CHANGER: MIT Startup Commonwealth Fusion says Commercial Product by early 2030s ! THIS CHANGES EVERYTHING..
  • 6 hours Conoco Pledges ‘Net-Zero’ Emissions in Break With U.S. Rivals
  • 2 days Biden denies fracking ban
  • 3 days Is the coal industry on the way out?
Is This The Future Of Solar?

Is This The Future Of Solar?

A new breakthrough has allowed…

The 3 Hottest Renewable Energy IPOs

The 3 Hottest Renewable Energy IPOs

Investors have been betting the…

Tsvetana Paraskova

Tsvetana Paraskova

Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews. 

More Info

Premium Content

Coronavirus Outbreak Hits Solar Power Development In Asia

The coronavirus outbreak is impacting the energy sector beyond the depressed oil demand in the world’s top oil importer and key oil demand growth driver, China.

Due to factory shutdowns and production disruptions, exports of solar panels and other components out of China are being delayed, disrupting the supply chain of the solar power industries and affecting solar projects in Asia.   

India, for example, already experiences delays in solar projects as imports of solar panels and solar modules from China are being delayed because of the coronavirus outbreak, developers and industry executives told Indian outlet Economic Times.

India, which imports 90 percent of the solar panels and modules from China and Malaysia, braces for weeks-long delays in procurement, which is pushing commissioning deadlines for solar projects further out, executives told Economic Times.  

According to Ashish Khanna, chief executive at Tata Power Solar, many manufacturing sites in China have not resumed production of solar panels and other components after the extended Lunar New Year holiday break.

Developers who buy solar components on a spot basis and need those panels and other parts within weeks will see an impact from the delayed shipments, a solar developer told Economic Times.

In Australia, companies installing solar projects have been warned by Chinese suppliers that there could be delays in deliveries of solar panels and other crucial solar equipment such as inverters, Renew Economy reported last week.

The coronavirus outbreak will impact the global solar supply chain, energy consultancy Wood Mackenzie said this week, as carried by Renews. Factories outside China which use Chinese imports to assemble solar modules will be impacted by the reduced production and exports out of China due to the virus, according to WoodMac’s senior analyst in the energy transition research team, Xiaojing Sun.

“Late module delivery will affect project construction schedules around the world, and projects with Q3 and Q4 2020 placed-in-service dates are likely to be hit particularly hard,” Sun said.

By Tsvetana Paraskova for Oilprice.com

More Top Reads From Oilprice.com:


Download The Free Oilprice App Today

Back to homepage





Leave a comment

Leave a comment




Oilprice - The No. 1 Source for Oil & Energy News