Recently, the International Energy Agency (IEA) released the report “Global Energy Review: Impact of New Coronary Pneumonia Crisis on Global Energy Demand and Carbon Emissions” based on the analysis of the impact of New Coronary Pneumonia on global energy. The report pointed out that the spread of the new official pneumonia has caused the greatest impact on the global energy system in nearly 70 years, resulting in a global energy-related carbon emission reduction of about 8%. It is expected that global energy demand will drop by 6% in 2020. At the same time, the global power structure will accelerate its transition to a low-carbon transition, and it is expected that the share of renewable power generation in electricity demand will surge to 40%. Countries around the world are planning economic stimulus programs to hedge the impact of the epidemic. Investing in clean energy at this time can not only solve short-term economic challenges, but also create a green and low-carbon new economic growth path and continue to provide jobs for at least ten years. Having a long-term plan for sustainable development is also a lever for economic recovery after the new coronavirus epidemic.

Since May, as countries continue to “re-examine”, the development of renewable energy such as solar energy has been used by countries as a solution to attract investment, support employment, and recover the economy. According to the statistics of Polaris Solar Photovoltaic Network, about nine countries have released relevant measures, plans and policies supported by the photovoltaic industry.

The following are details:

Britain: Will support renewable energy and circular economy through tariff reduction

Ukraine: A new renewable energy development bill has been enacted, and the construction of new solar and wind farms at “green electricity prices” has been suspended to improve the development conditions of renewable energy.

Germany: Considering the current rapid development level of the solar industry, consider removing the 52GW threshold subsidy restriction.

Vietnam: Ho Chi Minh City Electric Power Corporation recently signed a solar energy cooperation memorandum with suppliers such as Encyclopedia Solar Energy Investment and Development Corporation, VES Corporation and TTC Energy Corporation. The supplier will provide various preferential policies for Ho Chi Minh City customers who install and use rooftop solar energy.

Tasmania: Introduced a draft 200% renewable energy plan, which is to double renewable energy production by 2040.

Israel: Announced a new energy and water conservancy infrastructure investment plan of approximately $7.1 billion to help the economy recover. Among them, about 1.8 billion US dollars will be used to add 2 GW of photovoltaic power installed capacity.

Australia: The Australian Clean Energy Council officially released the “Clean Recovery” plan, which aims to promote Australia’s recovery from the economic depression caused by the new coronary pneumonia epidemic by increasing investment in renewable energy and energy storage.

South Korea: The South Korean government held the 9th press conference on the basic plan for power supply and demand, increasing the proportion of renewable energy generation from 15% to 40%, and plans to install a 30.8GW solar project by 2030. After the hearing, the government will finalize the content and make it public.

Uzbekistan: Uzbekistan’s Ministry of Energy has recently announced the National Electricity Supply Plan 2030, according to which Uzbekistan plans to achieve an additional 5GW of solar installed capacity by 2030.