Coronavirus: US solar PV supply chain and utility-scale market risk
The coronavirus (COVID-19) pandemic has raised a significant amount of uncertainty across the global economy. The US utility-solar market is no exception. This report uses scenario analyses to illuminate the risks in solar component supply chain and project development, and quantify their impacts.
Selected findings include:
- In our best-case scenario (one of several scenarios outlined in this insight), we expect up to four weeks of supply delays impacting a few hundred MWs of modules and inverters, which, combined with construction disruptions, could translate into as much as 2 GWdc of project development delays in 2020.
- Mid-stage projects may see the highest risk of project delay, but pipelines will spill into future years with only a marginal risk of project cancellations.
Wood Mackenzie is dynamically monitoring the impact of COVID-19 on the power & renewables space. If you're looking for updates across industries, WoodMac's weekly Coronavirus Impact Update insight covers new developments across wind, solar, storage, power, and electric vehicles (brochure here).
Other reports you may be interested in
03 April 2023
Latin America (LATAM) & Canada solar PV system pricing 2023
Latin America (LATAM) & Canada solar PV system pricing 2023
Solar PV system costs and prices in Canada, Argentina, Brazil, Chile, Colombia and Mexico, across all market segments
$5,99026 April 2023
China economic focus April 2023: a lacklustre recovery for industry
China economic focus April 2023: a lacklustre recovery for industry
Commodity demand hit by a lacklustre recovery for the industry in Q1
$95017 March 2023
Global solar PV market outlook update: Q1 2023
Global solar PV market outlook update: Q1 2023
Quarterly deliverable covering global solar PV market trends, changes in the quarterly outlook, and regional dynamics across the world
$5,990