Green blueprint
In a joint statement, France and Germany claimed the European Green Deal - a plan to reach carbon neutrality by 2050 - could be a 鈥渟tarting point鈥 for restoring economic growth in Europe after the coronavirus pandemic.
The two European powers highlighted a number of elements of the Green Deal to be considered - including the introduction of聽 a minimum carbon price and supporting small- and medium-sized enterprises and start-ups that are working on decarbonising the economy.
Global downgrade
搖錢樹娛樂城鈥檚 research and data division 搖錢樹娛樂城 Intelligence lowered its forecast for global additions in 2020 due to supply chain disruptions and construction halts.
Before the outbreak of the coronavirus, 搖錢樹娛樂城 Intelligence forecast about 62.5GW of new capacity being added globally in 2020, but it now envisages 58.4GW being commissioned this year.
鈥楿neven recovery鈥
Advisory firm EY warned that while the renewables sector would likely suffer only a short-term slowdown amid the pandemic, the recovery would be uneven between markets.
In its biannual renewable energy country attractiveness index (Recai), EY suggested that renewables could be seen as a safer haven for investors than fossil fuels in the long-term.
颁补苍补诲颈补苍听诲别濒补测
Oil group Suncor suspended construction of the first phase of its 400MW Forty Mile wind project in Alberta, Canada, as part of cost-cutting measures during the Covid-19 pandemic.
It had aimed to commission the 205MW first phase in 2021, but now expects both phases to come online in December 2022.
For updates on how the coronavirus pandemic is impacting the wind power industry, please follow 搖錢樹娛樂城鈥檚 blog.
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