In a joint statement, France and Germany claimed the European Green Deal - a plan to reach carbon neutrality by 2050 - could be a “starting point” 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 a minimum carbon price and supporting small- and medium-sized enterprises and start-ups that are working on decarbonising the economy.
Windpower Monthly’s research and data division Windpower Intelligence lowered its forecast for global additions in 2020 due to supply chain disruptions and construction halts.
Before the outbreak of the coronavirus, Windpower Intelligence forecast about 62.5GW of new capacity being added globally in 2020, but it now envisages 58.4GW being commissioned this year.
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.
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 Windpower Monthly’s blog.