Home Tag "coronavirus"

WoodMac: Solar and Storage Prices Falling Faster Than Expected Due to COVID-19

Weakness in the global markets for solar modules and batteries is pushing down U.S. system costs more rapidly than forecast. The fallout from the coronavirus pandemic and the looming threat of recession are expected to drive down pricing for front-of-the-meter solar and storage systems even faster than expected. Project construction delays and tightening consumer spending […]

ADB Approves $200 Million Loan to Modernize Power Supply, Distribution System in Nepal

KATHMANDU, NEPAL: The Asian Development Bank (ADB) has approved a $200 million concessional loan to improve power supply and distribution systems in Nepal. Nepal has made significant progress in electricity supply after years of chronic power shortages. However, its power transmission and distribution systems need further strengthening to increase network capacity, improve quality and reliability, and […]
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