Minimizing the Impact of COVID - 19 on Renewable Energy Asset Development

Minimizing the Impact of COVID - 19 on Renewable Energy Asset Development

The  COVID-19 pandemic and the sweeping government action to curtail its  effects across the globe is having an impact on supply chains as well as  investors & financiers.

These  constraints will strain project development timelines across the  renewable energy industry. Delays in receiving critical project  components and labor shortages will inject performance uncertainty into  nearly every critical phase of renewable energy asset development,  especially project construction and interconnection.

Furthermore,  Investors and financiers are working flat out to assess risks within  their project portfolios, to identify and try to mitigate risks that  would impact most of their projects, including impact on external  financing, financing from partners, and delays in government permitting.

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