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.
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.
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.
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.
‘Silicon Module Super League’ (SMSL) member Canadian Solar reported stronger third quarter financial results than expected and increased full-year shipment and capacity expansion guidance, while guiding fourth quarter revenue in the record range of US$1.77 billion to US$1.81 billion.
Having waited many years for such a far reaching event to come together, the solar industry has just a few hours more to wait before the inaugural PV ModuleTech 2017 kicks off in Kuala Lumpur, Malaysia.
The Filipino National Renewable Energy Board (NREB) is conducting a series of public consultations in order to shape a new off-grid renewable energy policy with a particular focus on islands, mountains and far-away villages.
