Covid-19 has disrupted the global supply chain, making it difficult for solar PV developers to pursue project development activities, and impacted the annual installed solar capacity this year. However, the drop in solar PV levelised cost of energy (LCOE) and power purchase agreements (PPA) over the years, combined with the limelight shifting to renewables during the Covid-19 pandemic, is anticipated to increase the rate of utility-scale solar PV projects by a considerable amount.

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