Energy & Science

Coronavirus Crushing Global Forecasts for Wind and Solar Power

  • Lockdowns and depreciating currencies are among the reasons
  • Rystad: Global wind, solar growth may be wiped out this year

A technician walks on a turbine at a wind farm in Fleming, Colorado.

Photographer: Matthew Staver/Bloomberg 

Lock
This article is for subscribers only.

It’s not just oil taking a hit from the coronavirus pandemic. Forecasts for clean energy are being pummeled, too.

Reports Friday from Morgan Stanley, Wood Mackenzie and Rystad Energy project sharp cutbacks for wind, solar and battery growth in the U.S. and beyond this year as cities impose lockdowns and economies stagnate.