US utility-scale solar PV installation improves even as Covid-19 may dampen 2020 installation outlook, says GlobalData

3 August 2020 (Last Updated August 3rd, 2020 10:44)

The Covid-19 outbreak has disrupted the value chains and impacted power industries worldwide. The US solar industry is no different from the situation with the Q1 witnessing record installations in the first quarter. Even as the utility-scale installation is improving, the pandemic is likely to dampen the sentiments and mute the project development activities for the remaining part of the year. As the power demand remains low, delays in project permissions, disruptions in equipment supply chain and reduction in the workforce are likely to pose developmental issues across the value chain.

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