How will COVID-19 impact renewable energy in India? Exploring challenges, lessons and emerging opportunities

Deshwal, Deepti; Sangwan, Pardeep; Dahiya, Naveen

doi:10.1016/j.erss.2021.102097

Cited by 42 publications

(14 citation statements)

References 11 publications

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“…Deshwal et al. have indicated that only 720 and 188 MW for solar and wind RE were installed by March 2020, which is lower by 60–70 % as compared to 2019 26. The authors have indicated that a scheduled installation of about 3 and 2.5 GW of solar and wind REs in 2020 is likely to be deferred; this also due to a drop of about 25–30 % of power demand during the lockdown.…”

Section: Impact Of Covid‐19 On the Re Sectormentioning

confidence: 99%

“…8. [26]. The authors have indicated that a scheduled installation of about 3 and 2.5 GW of solar and wind REs in 2020 is likely to be deferred; this also due to a drop of about 25-30 % of power demand during the lockdown.…”

Section: Usamentioning

confidence: 99%

“…China being one of the first countries to undergo lockdown had a huge impact on macroeconomic growth globally. Most countries in Europe also had to follow suit, and by march 2020 India also went into lockdown 26 . With the USA going into lockdown as well by April 2020, the world's macroeconomy by this time had started to fold 27 .…”

Section: Impact Of the Covid‐19 Pandemic On The Economymentioning

confidence: 99%

“…RE‐related programs earmarked for commencement in 2020 are abrogated due to the global crisis. Most manufacturing companies that are involved in the development of RE technology materials and components have resorted to shelving their products until a solution to the challenge is found 26 . For instance, Morgan Stanley decreased their installation projections of solar photovoltaics (PV) in the USA, particularly in the third and fourth quarters of 2020, by 28 and 17 %, respectively 51 .…”

Section: Impact Of Covid‐19 On the Re Sectormentioning

confidence: 99%

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Impact of COVID‐19 on the Renewable Energy Sector and Mitigation Strategies

et al. 2022

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This review explores the impact of the COVID‐19 pandemic on the renewable energy (RE) sector, especially in countries with the highest RE capacities, e.g., the USA, China, India, and the EU. It highlights stimulus packages put in place by governments worldwide and their sustainability to cushion the RE sector. Commissioning of RE projects has stalled due to lack of funding allocation and interruptions in the supply of equipment and components due to lockdown measures. Despite the need to fund COVID‐19 vaccination programs and other related health services, the world must not neglect other sectors of the economy, creating more problems, such as worsening the climate change situation in the long run. This review aims to present the information needed to sustain future energy during the COVID‐19 global pandemic.

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Section: Impact Of Covid‐19 On the Re Sectormentioning

confidence: 99%

Section: Usamentioning

confidence: 99%

Section: Impact Of the Covid‐19 Pandemic On The Economymentioning

confidence: 99%

Section: Impact Of Covid‐19 On the Re Sectormentioning

confidence: 99%

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Impact of COVID‐19 on the Renewable Energy Sector and Mitigation Strategies

et al. 2022

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“…Post COVID-19, the supply chains were disrupted, which provides India opportunities to promote local manufacturing for energy security and prevent such future uncertainties [117]. The possibility of the widespread adoption of agrivoltaics will be one such catalyst in giving the much-needed momentum to the local solar system manufacturers and policymakers to incubate a self-reliant local supply chain.…”

Section: Rise In Local Manufacturing Of Solar Panelsmentioning

confidence: 99%

Agrivoltaics: A Climate-Smart Agriculture Approach for Indian Farmers

Mahto

Sharma

John

et al. 2021

Land

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India is a leader when it comes to agriculture. A significant part of the country’s population depends on agriculture for livelihood. However, many of them face challenges due to using unreliable farming techniques. Sometimes the challenges increase to the extent that they commit suicide. Besides, India is highly populated, and its population is steadily increasing, requiring its government to grow its GDP and increase its energy supply proportionately. This paper reviews integrating solar farming with agriculture, known as Agrivoltaics, as a Climate-Smart Agriculture (CSA) option for Indian farmers. This study is further supported by the Strength, Weaknesses, Opportunities, and Threats (SWOT) analysis of agrivoltaics. Using the SWOT analysis, this article presents how agrivoltaics can make agriculture sustainable and reliable. This paper identifies rural electrification, water conservation, yield improvement, sustainable income generation, and reduction in the usage of pesticides as the strengths of agrivoltaics. Similarly, the paper presents weaknesses, opportunities, and threats to agrivoltaics in India. The research concludes with the findings that agrivoltaics have the potential of meeting multiple objectives such as meeting global commitments, offering employment, providing economic stability, increasing clean energy production capacity, conserving natural resources, and succeeding in several others. The paper also includes a discussion about the findings, suggestions, and implications of adopting agrivoltaics on a large scale in India.

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The role of green finance to achieve sustainability through green supply chain management and innovative technologies

Kholaif,

Tang

2024

Sustainable Development

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This study investigates the impact of green finance (GF) on sustainable development and green supply chains, particularly in the context of the COVID‐19 pandemic. It explores how GF influences firms' economic, environmental, and social sustainability, with a focus on the moderating effects of modern technologies like big data analytics (BDA) and blockchain. The research is based on data collected from 562 managers in Egypt's industrial and manufacturing sectors through a survey conducted between November 18th, 2023, and January 12th, 2024. The survey, which used a five‐point Likert scale, was distributed via both traditional and electronic methods, and its reliability was ensured through a pilot phase involving seven academics and five SC practitioners. The data was analyzed using partial least squares structural equation modeling, chosen for its effectiveness with non‐normal data distributions. The Bootstrapping method with 5000 iterations was employed to validate the model. The findings reveal that GF significantly enhances green supply chain management (GSCM), particularly when moderated by BDA, though blockchain technology does not have a significant moderating effect. Additionally, GSCM is found to positively influence the environmental and social dimensions of sustainable development, mediating the relationship between GF and these sustainability outcomes. This study provides valuable insights for practitioners and policymakers, emphasizing the critical role of GF and BDA in fostering sustainable development, especially within the Egyptian industrial and manufacturing sectors.

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How will COVID-19 impact renewable energy in India? Exploring challenges, lessons and emerging opportunities

Cited by 42 publications

References 11 publications

Impact of COVID‐19 on the Renewable Energy Sector and Mitigation Strategies

Impact of COVID‐19 on the Renewable Energy Sector and Mitigation Strategies

Agrivoltaics: A Climate-Smart Agriculture Approach for Indian Farmers

The role of green finance to achieve sustainability through green supply chain management and innovative technologies

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