Asia

PV markets in Southeast Asia have picked up over the past two years, driven by the astounding growth of Vietnam. Regional policies, combined with growing demand for renewable power in the manufacturing industry, will result in 27 GW of new PV installations across the region over the next five years, writes IHS Markit analyst Dharmendra Kumar. PV installations in these countries are driven by attractive feed-in tariffs, net energy metering, tariff-based auction mechanisms, and other incentives.

Japan’s Ministry of Economy, Trade and Industry has released a draft energy plan with ambitious revisions to the nation’s previous energy and emissions targets. The proposed plan will sees a doubling of renewables compared to the previous target, and significant cuts to coal and gas, much of which it buys from Australia. Meanwhile, Australian Resources Minister Keith Pitt reiterated the Coalition Government’s “Gas-Fired Recovery is the right policy for Australia.”

If built, the project would be the world’s largest floating PV power plant and would reach the same capacity as the largest ground-mounted facility currently in operation.

Recent research has revealed a previously underestimated role for oxygen in limiting the performance of lithium-ion batteries. Newly published research from both Japan and the United States has sought to look deeper into the chemical reactions at the heart of lithium-ion storage; and to better characterise the cumulative effects that minuscule amounts of oxygen released during these reactions can have on battery performance and safety.

The volume of new PV generation capacity added in the first half was higher than expected, given the rising input costs seen in recent months, but solar was nevertheless outpaced by new wind farms in the first six months of 2021.

A 125 kW/500kWh storage unit will be tested by China’s National Photovoltaic and Energy Demonstration Experimental Center. The storage system will be provided by Canadian specialist VRB Energy.

Southeast Asia could well become the global engine room of renewable energy expansion. Population and economic growth is expected across the three decades in which the world has to decarbonise, but the brimming bounty of renewables deployment will force developers to navigate the region’s systems. As it turns out, that could be a treacherous task.

Indonesia will catch the eye too over the next nine years, according to Wood Mackenzie analysts, as its market grows from 300 MW to 8.5 GW.

Solar capacity addition in the fiscal year 2021-22 will surge, led by a strong project pipeline. Tariffs will go up amid rising module prices but will remain competitive at below INR 3/kWh (US$ 0.040/kWh).

Hydrogen vehicle maker, Hyzon Motors, has signed an agreement to deliver five fuel cell-powered heavy-duty trucks to Ark Energy Corporation, the Australian subsidiary of the world’s largest zinc, lead, and silver producer, Korea Zinc Ltd.