Analysis: Impact of COVID-19 on the Wind Sector

Wind Industry Profile of

The new WindEurope publication “The Impact of COVID-19 on Europe’s wind sector” analyses how the ongoing pandemic affected new installations, auction schedules, financing and electricity production in the first half of 2020.

While the wind industry experienced dis­ruptions in the first semester, installation levels were comparable to previous years and financing for new wind farms reached €14.3bn. The wind industry is uniquely positioned to contribute to a future-proof economic recovery under the €750bn EU recovery plan, 30% of which will go to green investments. Due to the ongoing COVID-19 pandemic, the wind industry supply chain experienced major dis­ruptions in the first semester, particularly on the production and assembly of wind turbine... ... More: Official Press Release WindEurope

Keywords:

WindEurope, report, Europe, installation, COVID-19, green recovery, electricity, pandemic, wind sector, 2020