Factory shutdowns in China are hampering global supply chains
In the U.S., the utility-scale wind and solar markets are dealing with uncertainty in their supply chains. Utility-scale wind developers have received “force majeure” notices from wind turbine suppliers in Asia who cannot fulfill their contract obligations in time. The term refers to a common clause in contracts that gives companies some leeway in the case of extreme disruptions, like wars, natural disasters, and pandemics.
“I think you’re going to see a lot of force majeure claims under the coronavirus, up and down the supply chain,” Sheldon Kimber, CEO and co-founder of utility-scale clean energy developer Intersect Power,
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