The Vietnamese government is reportedly concerned about legal action from solar investors if its new power development plan does not prove ambitious enough.
After a decade of under-delivering on its potential, there are changes afoot in Southeast Asia’s renewable energy development, says Assaad W. Razzouk, the CEO of Singapore-based developer Gurin Energy. Razzouk points to success stories in the region and notes that political will and clear regulations for developers are needed.
The 600 kW array was built by Sungrow with 540 W solar panels and its own floating structures.
The inverter and battery manufacturer said it has been sitting on a record order backlog for the current three month window and the opening quarter of the new year, which may in part be down to a long Covid shutdown at its Vietnamese production base.
The French energy group has invested an undisclosed sum in Vietnam’s SkyX Energy. The goal is to install 200 MWp of C&I PV rooftop capacity in the country.
Vietnamese manufacturer Irex has announced a new glass-glass solar panel with a power output of 265 W and a power conversion efficiency of 18.1%.
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.
Developed by a Vietnamese-Korean research group, the complex PV device was built with a bottom bifacial crystalline silicon perovskite-filtered heterojunction sub-cell that is able to absorb all solar spectra in the short-wavelength range.
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.
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