6 April 2020: China’s energy storage industry hopes for rebound in second half of 2020
A survey of present and expected impacts of the COVID-19 crisis on member companies in the China Energy Storage Alliance (CNESA) has underscored their faith in recovery prospects, despite the worries of nearly 80% of respondents over “reduced operating income and tightening of liquidity”.
A summary of findings emailed to Energy-Storage.News said there has been an undoubted impact on both the upstream and downstream end of the energy storage industry, with supply chain production and project deployments and grid connections alike suffering delays.
However, association research manager Wang Si said in his summary that 64% of survey respondents believe “new opportunities for energy storage will emerge after the outbreak is contained,” while “most also believe that the energy storage market can still achieve its predicted growth rate in 2020”.
Read the full story here.
6 April 2020: New York’s economic relief plan to back ‘rapid transition to clean renewable energy’
New York State has opted to “dramatically speed up the siting and construction of clean energy projects” as one facet of its roadmap for economic comeback from the COVID-19 crisis, which has hit the US state hard.
New York State Energy Research and Development Authority (NYSERDA) emailed PV Tech and sister site Energy-Storage.news over the weekend with the announcement. NYSERDA is one of the public agencies enacting the new legislation, which will help speed up the permitting of large-scale renewable and clean energy projects (defined as larger than 25MW, or between 20MW to 25MW), as well as the development of projects in areas such as landfills and abandoned or underused sites.
The raft of bills is called the Accelerated Renewable Energy Growth and Community Benefit Act and will be enacted by NYSERDA along with the NY State Department of State, its Department of Public Service, its Department of Environmental Conservation, the New York Power Authority (NYPA) and Empire State Development Corporation.
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