Market Brief
COVID-19 Delays Wind Power Projects Worldwide, an Industrial Info Market Brief
Due to the COVID-19 epidemic, the global wind-power sector will face greater supply-chain difficulties in its upstream segment this year, especially for core components such as blades and bearings that are imported from abroad.
Released Wednesday, May 27, 2020
Due to the COVID-19 epidemic, the global wind-power sector will face greater supply-chain difficulties in its upstream segment this year, especially for core components such as blades and bearings that are imported from abroad.
On average, COVID-19 precautions have delayed wind-energy projects two to three months worldwide, which may directly result in a large number of projects remaining unconnected to the grid before their subsidy deadlines.
Click here for a list of global wind-energy projects delayed by COVID-19 precautions, and see graph below for a breakdown by world region.
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