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.
Chinese inverter maker Sungrow revealed a 350 MW solar facility was energised in Loc Ninh County, Binh Phuoc Province. The project secured a FiT of $0.0709 per kWh.
The developer said it installed and commissioned seven solar rooftops in just three months despite Covid-19 travel restrictions.
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.
The development process for ground-mounted utility scale solar projects in Vietnam is laborious, time-consuming, expensive and still largely difficult to navigate for foreign developers without entering a strategic partnership, in whatever form, with a local Vietnamese counterpart.
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.
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.
The Sumitomo Corporation has reported a stunning ¥26bn (US$251m) loss on its Western Australian Bluewaters coal fired power investment. The loss assures the company’s worst ever annual performance and comes as a result of international and financial pressure against coal funding.
Could a single installation define a brief but explosive period of ambitious PV deployment? The massive 500 MW Dau Tieng solar array – among Southeast Asia’s largest PV installations – makes a strong case for being the most impressive project of Vietnam’s recent solar boom. But the allure of Dau Tieng is about much more than size – it’s about what’s beneath the PV modules.
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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