Analyst expects recovery for PV and storage supply chains

U.S.-owned analyst Wood Mackenzie expects solar demand to decline but predicts the market will recover, with the prospects for the energy transition remaining intact.From pv magazine Germany. U.S.-owned business intelligence firm Wood Mackenzie says the COVID-19 outbreak will jeopardize solar project completion in the short term, affect supply chains to various degrees and potentially erode demand for PV. However, "Asian-dominant supply chains for solar and energy storage are in the process of rebounding after contractions in February," the analyst stated, adding: "Near-term development activity ...

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