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Corporate renewable PPAs are on the rise in Asia Pacific, says WoodMac

Corporate power purchase agreements are the second most adopted purchasing method in the world, and they’re growing fast. With the U.S. and Europe picking up the pace in the last year, the Asia Pacific is not going to be left behind, with Wood Mackenzie estimating corporate PPAs in the region doubled in the last year.

Saturday read: Southeast Asia’s big PV plans – 27 GW by 2025

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.

Saturday read: Five trends to watch in Southeast Asia

Minh K Le, senior renewables analyst at Rystad Energy, examines five key trends to watch in Southeast Asia utility-scale solar, as mega-scale projects ramp up, Indonesia emerges, and Vietnam steps back.

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Thai plans for 8 GWh lithium battery gigafab

The 1 GWh first phase of a planned 8 GWh lithium battery factory in Thailand is likely to be up and running during 2023.

Thailand’s first floating PV project goes online

The 2 MW plant is installed at the historic site of agro-food group SPM, in Thailand. With 2.8 GWh/year of low-carbon electricity, it will cover up to 20% of the site’s annual energy consumption.

Cleantech Solar a big wheel in Asia’s C&I rooftop PV scene

The latest in Cleantech Solar’s 500+ MW portfolio of solar projects rolling out on manufacturing-facility rooftops across Asia is a major Indonesian tyre producer set to green the supply chain for future vehicles.

New WoodMac report forecasts renewables cheaper than coal by 2030 across Asia-Pacific

A new Wood Mackenzie report has forecasted a massive swing in the levelised cost of electricity across the Asia-Pacific over the course o the next decade. Before 2030, renewables will be cheaper than new coal and gas almost everywhere, and significantly cheaper in Australia.

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Spanish tracker giant STI Norland expands to Australia with a keenness to compete

Spanish tracker giant STI Norland has expanded to Australia with a new subsidiary office in Melbourne. The company is arriving on our shores with a keenness to compete with tracker suppliers who already have their foot in the door. With no solar farm too big or too small, STI Norland Australia CEO Alan Atchison sat down with pv magazine Australia to talk about how the company plans to make tracks Down Under.

A virtual-oscillator-based control strategy for microgrids

Researchers have modeled how the combination of a virtual oscillator control mechanism and a cascaded sliding mode control can help regulate voltage and frequency in a distributed-solar microgrid.

ASEAN’s looming renewables revolution

Southeast Asia, when taken as a whole, is a global laggard in the uptake of renewable energy, but some countries are leading the way, such as Vietnam, the Philippines, and Myanmar. And as ‘Angry Clean Energy Guy’ Assaad W. Razzouk argues, policymakers in the region cannot hold back the tide of solar and wind for much longer.

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