Renewable energy loses steam as Asian subsidies wane

Capacity growth slows, and coronavirus risks disrupting supply chains

20200424N wind turbines (REUTERS)

A wind farm near Amsterdam: Renewable energy could become one of the losers from the coronavirus. © Reuters

SHUHEI OCHIAI and KANOKO SAKAMOTO, Nikkei staff writers

TOKYO -- Global capacity for renewable energy ended 17 years of growth in 2019, as Asian governments scaled back expensive subsidies designed to make their power grids greener.

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