Solar Power World: The effects of coronavirus and the flight to quality assurance

It seems like whenever unexpected events rock the stock market, some pundit declares that the result will be a “flight to quality.” They usually mean switching into blue-chip stocks.

As the scope of the pandemic became clear, two stock pickers writing in Marketwatch predicted that a new normal of sustainability will cause a “flight to renewables.”

We’re currently experiencing real obstacles in the solar supply chain, from canceled meetings and closed borders to logistics challenges and factory lockdowns. These disruptions cause buyers to question their supply decisions and are producing a flight to quality suppliers – those already at scale, with localized supply chains and better balance sheets.