Renewable energy power purchase agreements (PPA) driven by solar are set to take a significant chunk of the market in Southeast Asia over the next few years, according to panellists at the Solar and Off-Grid Renewables Southeast Asia (SORSEA) conference in Bangkok.
Trade associations the Australian Solar Council and counterpart the Energy Storage Council have merged together to form the national Smart Energy Council.
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.
France-based floating PV specialist Ciel & Terre is expecting to launch a floating solar equipment manufacturing facility in Thailand next March and is in the final stages of approving a Vietnam facility.
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.
Vietnamese renewable energy firm SolarBK has received a licence from the People's Committee of Da Nang City, Vietnam, for a 4.4MW solar PV project, which it claimed will be the first such plant set to be entirely implemented by Vietnamese engineers.
Taiwan’s leading conductive paste manufacturer Giga Solar Materials Corporation has agreed to pay patent licensing fees to rival, DuPont Photovoltaics.
The Subic Bay Metropolitan Authority (SBMA) has aborted a proposed 200MW solar project and industrial area development at the Redondo Peninsula, due to the developer’s apparent lack of both funding and experience.
Integrated solar firm Qatar Solar Technologies (QSTec) has been in discussion with the Filipino government regarding future collaboration opportunities in growing the PV sector in the Philippines.