Under the epidemic: a number of European markets began to recover. Turkey, India, Mexico and other countries suffered from the aggravated epidemic, which led to the obstruction of photovoltaic development
As the second quarter enters the first half of may, the situation overseas is still not optimistic.As of May 8, covid-19 has been diagnosed in more than 215 countries and territories.The three countries with the highest number of confirmed cases continue to be the United States, Spain and Italy.At the same time, countries with more than 100,000 confirmed cases include Germany, France, the United Kingdom, Iran, Brazil, Turkey and Russia. In particular, the epidemic situation in Brazil, Turkey and Russia is developing rapidly and is gradually becoming the new "epicenter" of the covid-19 pandemic.
Outbreak of the economic downturn is clear, though the analysis of the photovoltaic industry agencies generally do not expect that in the second quarter of the new installed capacity, Mexico, Brazil, Turkey, India, Pakistan and other countries of the photovoltaic market really affected by the outbreak, the uncertainty increases, but the photovoltaic interviewed several components and learned after inverter manufacturers, the industry is generally very high expectations on the European market, think if improvement in the second half after the epidemic will has the potential to accelerate the installation, at the same time, the domestic market situation is good, with South Korea and China can support in the second quarter of partial shipments.
The euro area, dominated by Germany, Spain, Portugal, the Netherlands and Britain, has shown signs of recovery
It is reported that around the May Day holiday, many European countries have gradually relaxed their restrictions in response to the covid-19 outbreak."There have been signs of recovery in many parts of Europe since may," said the European head of a leading component company. "there have been delays in a number of big projects (such as Spain), but distributed power plants have continued."
In fact, many European countries are still full of confidence in the development of renewable energy.Germany is a country with a very high acceptance of photovoltaic. As the industry insiders who have been to Germany know, in the suburban villages of Germany, you can often see a matrix of photovoltaic power stations, which are clean and tidy against the green grass and blue sky.
Countries such as the Netherlands, Belgium, France, Spain and Portugal are also pinning their hopes on clean energy sources such as photovoltaic wind power.
Portugal's 2019 auction of 1.15gw of energy set a world record at the time, with the price of 1.644 cents per kWh attracting worldwide attention.In 2020, a further 700-800mw pv auction is scheduled to be held in Portugal this year.
It is worth mentioning that Turkey and Israel, two key markets located in the middle of the Eurasian continent, are also facing rapid outbreaks, but these two countries seem to be heading in different directions in the future of the photovoltaic industry.Turkey's massive solar energy project has suffered another blow after the government postponed the tender for a 1 GW utility-scale solar project scheduled for January 2019 to 2021.
While Israel joined to the recovery of renewable energy as a driving force of country, has now developed a important photovoltaic development plan, the total investment in the coming years to deploy 2 gw of photovoltaics, as well as to improve the energy efficiency and alternative transport fuels and other new energy field for large investment, the whole plan of almost $7.1 billion, the Israeli national government will provide guarantees.
Development in much of Asia is in trouble: auction capacity fell by 45% in India in April, and outbreaks in Pakistan and Bangladesh intensified
According to Mercom, India's photovoltaic tenders in April 2020 fell by 45% compared with march.A total of 3.6 gigawatts of photovoltaic capacity were announced in April, compared with more than 8 gigawatts in March.
The impact of the covid-19 outbreak is clear. India's largest online electricity trading platform, the Indian energy exchange IEX, announced on Monday that electricity trading fell 6.6 percent in April, leading to a 25 percent drop in peak electricity demand across the country.
In order to reduce the effects of outbreak of photovoltaic industry, solar company in India, India's national water and electricity company (NTPC) and so on several large public utilities are extended the photovoltaic power generation project bidding deadline, only a solar energy company in India April extended a total of 8.7 GW of photovoltaic and scenery complementary project bidding deadline.
As of May 6, the cumulative number of confirmed covid-19 cases in Pakistan has exceeded 23,000, with no turning point yet.So far, the state is still closed, the development process and installation of photovoltaic projects have been affected to varying degrees.However, in terms of project investment, the national electricity regulatory authority of Pakistan has granted a total of 100MW photovoltaic power licenses to two local photovoltaic enterprises, with a total investment of 100 million us dollars.Preparations are expected to begin after the outbreak has improved.
If the economic recession caused by covid-19 continues beyond 2020, several wind and photovoltaic projects in the asia-pacific region could be delayed or cancelled, according to an analysis by Wood Mackenzie.The coming months will be critical in determining whether the asia-pacific region moves toward a rapid recovery or a prolonged recession, mainly because a prolonged economic downturn will make it difficult for photovoltaic developers to obtain project financing.
As Latin America mourns, so does Mexico
After the high level of covid-19 in Europe and the United States gradually stabilized, the covid-19 epidemic in Latin America caught up with more than 300,000 cases in total, including more than 20,000 cases in Brazil, Peru, Ecuador, Chile, Mexico and other countries.
Brazil has added about 10, 000 new cases each day, a staggering number combined with a fragile economy.The photovoltaic industry is struggling."We haven't shipped to Brazil for a long time," says one inverter manufacturer. "the whole of Latin America is almost on hold."
Mexico also made news recently when the national energy control center (Cenace) introduced a new approach to renewable energy, halting the connection of new solar and wind projects to the grid until further notice.