The case for solar remains strong in Southeast Asia since power demand is still growing rapidly in many of its markets, but traversing the unique regulations and policies of each country and knowing which PV segment is most suitable remains challenging. Here are some of PV Tech’s key takeaways from last week’s Solar and Off-Grid Renewables Southeast Asia (SORSEA) 2017 conference in Bangkok, Thailand.
Australia’s Northern Territory is targeting 50% renewables by 2030 and has released a Roadmap to Renewables report unveiled by chief minister Michael Gunner this week.
Australian large-scale renewables investor Lyon Group has confirmed it is selling three projects under development, totalling 800MWh of energy storage and 545MW of PV generation capacity, in Queensland, Victoria and South Australia.
Filipino firm Kennedy Renewable + Technology Corp has partnered with AC Energy to provide seven school campus buildings in the Island of Tawi-Tawi, south Philippines, with solar-plus-storage systems.
Verv, an energy monitoring and AI company, has laid claim to launching the UK’s first energy trading community at a housing estate in Hackney, East London.
The rise of energy storage will enjoy a similarly meteoric trajectory to that enjoyed by solar PV deployment in the past and could reach 305GWh of installations by 2030, BNEF has predicted.
For the most part, it will take some years for solar-plus-storage in the ASEAN region to become economically viable on a large scale, but panellists at the opening day of Solar and Off-Grid Renewables Southeast Asia event in Bangkok, have warned that investors who come on board quickest are going to gain a huge advantage.
Melbourne-headquartered mining giant BHP, in partnership with the Rocky Mountain Institute (RMI), has projected 500MW of potential capacity combining solar, wind and energy storage at its old North American mining sites.
International renewable energy company DP Energy has appointed both Vestas and Downer to develop the first stage of its Port Augusta Renewable Energy Park, which will be Australia’s largest hybrid renewable power station upon completion.
US residential solar PV and energy storage installer Sunrun reported a marginal improvement in third quarter revenue on and 18% megawatt increase in installations.
