• 3 minutes Is Pete Buttigieg emerging as the most likely challenger to Trump?
  • 5 minutes Can LNG Kill Oil?
  • 8 minutes Question: Why are oil futures so low through 2020?
  • 11 minutes Don't sneeze. Coronavirus is a threat to oil markets and global economies
  • 5 hours “The era of cheap & abundant energy is long gone. Money supply & debt have grown faster than real economy. Debt saturation is now a real risk, requiring a global scale reset.”"We are now in new era of expensive unconventional energy
  • 3 hours CoV-19: China, WHO, myth vs fact
  • 17 hours Question - What if there are no buyers for Chevron's Appalachia Assets?
  • 7 hours Blowout videos
  • 3 mins Democrats Plan "B" Bloomberg Implodes. Plan "C" = John Kerry ?
  • 1 day OIL trades as if the virus is a 1 quarter event. As if it's Containable, Reversible and Temporary. Is it ?
  • 13 hours Natural Gas
  • 1 day Energy from thin air?
  • 2 days Hey NYC - Mayor De Blasio declares you must say goodbye to fossil fuels. Get ready to freeze your Virtue Signaling butts off.
  • 2 days Foxconn cancelled the reopening of their mfg plants scheduled for tomorrow. Rescheduled to March 3rd. . . . if they're lucky.
  • 16 hours Cheap natural gas is making it very hard to go green
  • 6 hours US Shale: Technology
Alt Text

The Not-So-Secret Component In Next-Gen Solar Cells

Estonian scientists have made a…

Alt Text

A Serious Contender To Lithium-Ion Batteries

Sodium batteries are getting increasingly…

Alt Text

24/7 Power: The Future Of Solar

Researchers from Curtin University in…

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