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2020 A Look Back: Developments that Shaped the Solar Sector

Lack of clarity in policy implementation, a slowing economy, and liquidity crunch were also responsible for the slowdown besides the pandemic

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2020 took off with high expectations, with Mercom projecting over 8 GW in solar installations for the year right before the COVID-19 pandemic hit. After the lockdown in March, development activity came to a standstill. Things have started to look up, especially since Q3 as the supply chain disruptions have abated.

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