Rooftop revolution: Coronavirus chill upends solar power industry

  • 📰 Reuters
  • ⏱ Reading Time:
  • 32 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 97%

Singapore News News

Singapore Singapore Latest News,Singapore Singapore Headlines

The booming rooftop solar panel industry nosedived overnight when the coronavirus forced homeowners to rein in spending and keep their distance from would-be installers.

Within two weeks, Sunrun had moved its field sales team online and launched a promotion offering six months of home solar power for $6. While initial online commitments were lower, the percentage of customers following through was higher.

He said, however, that it was harder to build rapport with potential customers without face-to-face contact.In Europe, rooftop solar firms developed more enticing finance plans as the pandemic made clients wary about spending. In Barcelona, renewable energy utility Holaluz has accelerated an initiative to install panels free for people with available roof space - and use them to generate power for all its customers. It aims to extend the plan to apartment blocks and commercial buildings.

Nevertheless, despite such innovations, the industry will take time to bounce back, according to industry groups.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 2. in SG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

YAY! IMAGINATION, INNOVATION, AND DETERMINATION AT WORK. (mostly, we hope) WITHOUT POLITICAL PANDERING.

This is quite dumb. They are on the fucking roof. I’m having my roof replaced this week. I couldn’t care less if an installer has Covid. He’s on my roof. Who came up with this dumb hypothesis?

It's still good inexpensive clean energy.

I hope solar picks back up. RenewableEnergy is the way to go for the future of the planet 🌍. ClimateAction

Just one of the many causes the Democrats are pushing because of this alleged Chinese virus

Vivint Solar trading at all times highs rn. Solar is doing just fine

After 239 scientists send their letters to the World Health Organisation saying the coronavirus is dangerously airborne, WHO finally say that the coronavirus might be airborne!!!

OpenLearning is a online learning platform that works and is the only online learning platform in the world that is interactive for our👩‍💻❤👨‍💻children and young adults that will help their safety👨‍💻❤and future👩‍💻ASX STOCK:$OLL

One problem need to be solved: the life span of the batteries! Which is the strongest amid hundreds of producers all over the world? What happens during cloudy days on a stretch?

Nonessential service BTFO

Singapore Singapore Latest News, Singapore Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

The COVID-19 Crisis Will Likely Lead To A Massive Shakeout In The Restaurant IndustryPredictions about the restaurant industry were grim even before rising coronavirus cases led to a second wave of closures. It already has. Definitely.
Source: Forbes - 🏆 394. / 53 Read more »