Coronavirus Fallout to Slow Global Growth in Renewable Energy
By Jillian Ambrose,
The global growth of renewable energy will slow for the first time in 20 years due to the impact of the coronavirus pandemic, which will “hurt but not halt” the rise of clean energy.
The world’s energy watchdog has warned that developers will build fewer wind farms and solar energy projects this year compared with a record roll out of renewables in 2019.
But a rebound is possible in 2021, according to the International Energy Agency (IEA), if critical government decisions made within the next few months support a green economic recovery from the pandemic.
Photo courtesy of American Public Power Association.