Coronavirus dampens 2020 outlook for clean energy and electric vehicles, as IEA calls for green stimulus

clock • 5 min read

BNEF downgrades growth forecasts for global solar and battery sectors this year, as markets suffer fallout from escalating pandemic

The coronavirus crisis gripping the global economy has forced clean energy analyst BloombergNEF (BNEF) to downgrade its expectations for the solar, battery, and electric vehicle (EV) markets, in one of...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

James S Murray
Author spotlight

James S Murray

View profile
More from James S Murray

'We'll be less safe': Barack Obama joins chorus of criticism as Trump ditches key US climate ruling

Government hits back at Tony Blair Institute call to ditch clean power targets

More on Energy

A new energy is taking over: Five forces defining the next phase of the global energy transition
Energy

A new energy is taking over: Five forces defining the next phase of the global energy transition

The global energy transition is now underpinned by so much investment, corporate willpower, and future-oriented policymaking that it's looking to become irreversible, writes Climate Group's Sam Kimmins

Sam Kimmins, Climate Group
clock 13 February 2026 • 6 min read
'A much needed surge in momentum': Green economy reacts to latest record clean power auction
Energy

'A much needed surge in momentum': Green economy reacts to latest record clean power auction

Green economy stakeholders give warm welcome to government's latest clean energy auction results and release of much-anticipated Local Power Plan

James Murray
James Murray
clock 10 February 2026 • 9 min read
'More homegrown power': Record wind and solar auction promises to push down energy bills
Energy

'More homegrown power': Record wind and solar auction promises to push down energy bills

Latest clean power contract auction for onshore wind and solar projects secures more than 6GW of capacity at prices comfortably below current wholesale power costs

James Murray
James Murray
clock 10 February 2026 • 5 min read