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(Bloomberg) — It’s not just oil taking a hit from the coronavirus pandemic. Forecasts for clean energy are being pummeled, too.

Reports Friday from Morgan Stanley, Wood Mackenzie and Rystad Energy project sharp cutbacks for wind, solar and battery growth in the U.S. and beyond this year as cities impose lockdowns and economies stagnate.

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It’s a reversal for sectors that were expected to have banner years. Declining battery costs have made energy storage more attractive to American businesses, while solar was poised to benefit from mounting demand from homeowners who live in California and other places prone to wildfires, dangerous storms and power shut-offs.

Global solar and wind

Rystad Energy expects global growth of wind and solar energy will be wiped out this year as the U.S. dollar rises and other currencies fall amid the pandemic, driving up project costs.

Projects in Australia, Brazil, Mexico and South Africa will be hardest hit as their currencies depreciate against the dollar, Rystad said in a report Friday. The Oslo, Norway-based research company forecasts wind and solar growth will be cut by an additional 10% in 2021.