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Coronavirus company news summary – 65,000 lost jobs in US solar sector – UK experiences surge in solar output due to lockdown

19 May 2020 (Last Updated May 19th, 2020 09:26)

19 May

Approximately 65,000 people in the US solar industry have lost their jobs in the wake of the ongoing Covid-19 pandemic. According to the Solar Energy Industries Association  (SEIA), the majority of job losses were among workers who install solar energy equipment. Most of the jobs could come back when economic activities gather momentum.

International hydropower associations have expressed concerns that the extensive uncertainty and liquidity crunch created by the Covid-19 outbreak have put financing and refinancing of many hydropower projects at risk. New and upgrade projects have also been suspended in some regions, leading to a slump in confidence regarding future investments and operations.

The steep decline in air pollution due to the Covid-19 lockdown and ample sunshine resulted in a strong surge in UK solar power output. Since lockdown began, even installations made eight years ago have surpassed their daily production records by multiple times due to cleaner air, The Guardian reported.

Solar companies in India have guardedly restarted their manufacturing and production activities with limited staff as the government eases lockdown norms to revive the economy. To ensure workplace hygiene and employee safety, companies are implementing measures such as checking body temperature of staff at the time of entry. Wearing of mouth masks and gloves have been made mandatory as well as adhering to social distancing norms.