The American Council on Renewable Energy (ACORE) and Advanced Energy Economy (AEE), leading organisations working in the clean energy sector, have conducted separate surveys around major concerns in the US renewable sector caused by the Covid-19 outbreak.
Three-quarters of respondents reported some impact on their ability to qualify for credits amid coronavirus losses and 57% said the impact would be “significant” to their organisation.
Go deeper with GlobalData
In addition, about 30% of AEE’s members said they had reduced workforces in response to the pandemic, and almost 43% had completely stopped hiring.
In an open letter yesterday to Congress and the White House, AEE said that “like many other industries, the advanced energy industry is now reeling, facing unprecedented disruption and dislocation.”
AEE also reported that, urged by the pandemic industry disruption, some renewable energy companies have responded to the crisis and shifted their focus to emergency production of masks, ventilators, and other supplies in high demand.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalData
