Influence of COVID-19 on U.S. Renewable Energy Supply Chain

Wind Industry Profile of

The COVID-19 pandemic has already created considerable uncertainty and has the potential to significantly disrupt renewable energy project EPC and supply chains worldwide.

Wind Energy The wind industry is particularly susceptible to the effects of this disruption because project completion delays could preclude developers from qualifying for the full value of the production tax credit. Critical components for wind projects were already in limited supply prior to the pandemic, and developers may have no viable supply alternatives. Additionally, as COVID-19 spreads across the United States and results in mandatory shelter-in-place requirements, worker availability at project sites could also affect project completion timelines. Given these complications, the industry... ... More: Official Press Release Troutman Sanders LLP

Keywords:

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