Covid-19 impact on solar power industry (EnergyWorld ET)
Solar energy has experienced spectacular growth over the past two decades. But the crisis caused by the COVID-19 could considerably disrupt this momentum. More than ever, governments will be central in tackling these challenges and determining the pace of deployment of solar energy in the near future.
Stimulus packages aimed at getting the global economy back on track will be particularly important. When designing these packages, governments should bear in mind the structural benefits that solar energy can bring to not only the power sector but the health, transportation, agriculture, and industry sectors as well – in particular, economic and sustainable development, and job creation - while also reducing emissions and fostering technology innovation.