Country could avoid costs and grid chaos if it learns from Germany and Vietnam's FiT lessons and opts instead for competitive auctions, says new IEEFA report.
Politburo resolution proposing green energy targets for 2030 (15-20%) and 2045 (25-30%) emerges as country embarks on FiT-to-auction shift to ease PV grid bottlenecks.
Country told competitive bidding could take PV market to ‘tens of gigawatts’ within 10 years, turning the page from grid chaos driven by feed-in tariffs last year.
145MW project planned on a West Java reservoir is the UAE energy giant's first foray in Southeast Asia and significantly outsizes other floating PV ventures in the region.
Managing director recounts EPC's journey to the heart of Malaysia's current large-scale solar boom and lays out expansion plans in Vietnam and the Philippines.
World Bank body will back competitive bidding process for lowland PV plant, hoped by its sponsors to be the first of series in land-scarce, overcrowded Asian country.
ADB will support plans by Southeast Asian state to auction 350-400MW pipeline of two projects this year and next, in a bid to drive competition after a subsidy rush congested the grid.
