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COVID-19 should not prevent utilities from investing in renewables: Xcel CEO

July 22, 2020

Although the renewable energy industry has faced challenges due to the COVID-19 pandemic, the utility industry has remained largely resilient, said Fowke.

“On the COVID side … I think our industry is doing a very good job moving forward while maintaining a safe workforce, and of course, keeping the lights on,” he said. The main issue renewable energy has faced, said according to Fowke and American Council on Renewable Energy CEO Gregory Wetstone, has been qualifying for tax credits in time as projects continue to see delays.

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