Solar South East Asia
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Following the growing South East Asian solar markets
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Southeast Asia’s largest solar plant in Thailand gets turned on

Southeast Asia’s largest solar plant in Thailand gets turned on | Solar South East Asia | Scoop.it

Southeast Asia’s largest solar plant in Thailand gets turned on, find out more about the developments in South East Asia's solar market at Green power conferences Solar Southeast Asia conference and Exhibition :

http://bit.ly/PImBvy

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Korea Midland Joins Thai Project to Build Solar Power Plant

Korea Midland Power Corp. joined a Thai renewable energy project to build an 8 megawatt solar power plant in the Southeast Asian country, according to the unit of Korea’s monopoly power distributor.

 

Korea Midland signed a contract yesterday with Toyo-Thai Corp. PCL (TTCL), a Thai construction company, and Siam Steel Grating Group, a Thai utility equipment maker, to build the solar farm in Ang Thong, one of the central provinces of Thailand, the Seoul-based company said in a statement today.


The project will receive a 10-year subsidy of 8 baht (26 cents) per kilowatt-hour, and include the sale of power to the Provincial Electricity Authority of Thailand, the statement said. Investment estimates and time schedules weren’t provided.


South Korea’s power utilities are committing to boosting the use of renewable energy after the government imposed a mandatory quota this year to cut carbon emissions.


Korea Midland forecast the Siam project will be counted as its commitments to the use of renewables, according to the statement.

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Indonesia's Energy Transit: Struggle to Realize Renewable Potential

Indonesia's Energy Transit: Struggle to Realize Renewable Potential | Solar South East Asia | Scoop.it
Indonesia's electricity market is moving from a monopoly fossil-fuel generation base to a more competitive structure with an increasing share of renewable energy.
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Driving innovation in the Southeast Asian solar market

Driving innovation in the Southeast Asian solar market | Solar South East Asia | Scoop.it
Compared to other parts of Asia, the Southeast has so far been relatively slow to see the potential of solar. However, in recent months, there have been several significant signs of changes.

 

Responding to ever increasing energy demands and electricity prices, Thailand has launched a 10 year renewable energy programme which aims to achieve 25% of its total energy needs from renewables by 2021. As part of this target, solar is hoped to provide 12% of the country’s energy by 2030.

 

This ambitious goal is just one of many examples of changing attitudes to renewable energy across Southeast Asia.

 

The recent introduction of generous government subsidies and incentives, coupled with the on-going decrease in PV prices, has hugely improved conditions for investment in solar technologies across the region.

 

Speaking about the launch of Armstrong Asset Management’s South East Asia Clean Energy Fund - which aims to provide early-stage capital to small-scale renewable energy (solar and hydro) projects in Thailand, Indonesia, Malaysia and other emerging markets - the company’s Managing Partner Andrew Affleck commented:

 

“The Armstrong strategy intentionally capitalizes on Southeast Asia’s regional diversity, in contrast to other investors who tend to shy away from smaller deal sizes. We envisage Southeast Asia to become a highly attractive market for small-scale renewable energy projects.”

 

On the subject of projects in the pipeline, he went on:

“In Malaysia, we are working on a portfolio where over the next 18 months we would develop around 20MW In Thailand, we’re looking at multiple projects that over the next 24 months would generate in aggregate 100MW of solar power.”

 

Another example of promising growth in the region’s solar sector comes from the Asian Development Bank’s Asia Solar Energy Initiative, which aims to develop and generate 3,000MW of solar power in Asia and the Pacific region by 2013.

 

Under this scheme, large-scale solar energy grid applications as well as decentralized systems for remote and rural communities will be developed, providing cheap, reliable energy to a region undergoing rapid industrial and economic growth.

 

With further changes taking place in Malaysia, Indonesia, and the Philippines, opportunities for solar are emerging throughout the region and it’s only a matter of time before this exciting market makes the most of its extensive potential.

 

The Solar Southeast Asia conference and exhibition is the first event of its type to focus exclusively on the extensive opportunities this new solar market has to offer.

 

A new addition to Green Power Conferences Global Solar Series, join them in Bangkok to get up-to-date with the latest policies and FiTs, making key government and industry contacts and discover where the market is heading.

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New solar farm tariff urged

Businesses are urging the government to speed up work on a new tariff rate for solar farms after the process has been suspended for the last two years.

 

"This has been delayed for too long," said Danucha Noichaiboon, managing director of the Ekarat Engineering Plc (AKR), Thailand's largest transformer producer.

 

In 2008 the government announced solar development plans with a combined 500 megawatts and started granting operating licences to investors offering adder tariffs, a special rate given to private renewable energy producers to promote the sector, at 8.5 baht per unit above normal power rates.

 

A year later, the government through the Energy Ministry, received applications for the licences to operate solar farms of up to 3,000 megawatts. And that same year, the Energy Ministry suspended the granting of new licences and scrapped adder tariffs while applying the new "feed-in" tariff.

 

Phichai Tinsuntisook, chairman of the Federation of Thai Industries' renewable energy industry club, said a decision on the new rate of feed-in tariff has yet to be made, while the programme to support biomass, biogas, biofuel and waste remains unclear.

 

A feed-in tariff is a measure to support private investment in projects that produce alternative energy. The calculation of the tariff takes into account electricity production costs of the technology involved.

 

The feed-in tariff, which is a fixed rate paid to power plant developers for the life of a project, is considered fairer for both project owners and consumers than the existing adder system, which gives investors an additional payment on top of normal electricity tariff charges.

 

Currently, those who were granted operating licences operate only 159 MW electricity, leaving the remaining 2,841 MW idle.

 

Mr Danucha said the government should terminate idle licences and open a new round of licence granting.

 

"Approval [for new licences] should give priority to locally-developed solar technology," he said.

 

"We believe solar energy has tremendous potential growth in the future, as petroleum prices keep rising."

 

He proposed the government include conditions for the new licences requiring investors to use local materials and help develop local technology.

 

"Nearly all solar farms and parts are imported. No one wants locally-made solar panels," said Mr Danucha.

 

AKR itself has invested in a solar panel manufacturing plant in Rayong worth 1.4 billion baht, but the business is still far from profitable due to price dumping by China-made solar panels.

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First Solar sets up Thai subsidiary

First Solar sets up Thai subsidiary | Solar South East Asia | Scoop.it

Looking for a way to further stamp its mark in one of South East Asia’s growing solar markets, First Solar has established a subsidiary in Thailand called First Solar (Thailand). The company has also set up an office in the country’s capital city Bangkok.

 

Through the new subsidiary, First Solar believes that it will be able to better execute its plans to further penetrate the local utility market. Specifically, it is seeking to scale solar PV plants in the market and to deliver value to Thai solar power producers.

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PV to lead rapid increase in decentralized power generation over next 5 years

PV to lead rapid increase in decentralized power generation over next 5 years | Solar South East Asia | Scoop.it
Quickly becoming the new industry buzzword, distributed power generation, led by photovoltaics, is set to "rapidly" expand over the next five years to reach an annual installation rate of 63.5 GW by 2017.

 

In 2011, 20.6 GW of renewable distributed energy generation RDEG was said to have been installed, thus representing global revenues of US$66.5 billion. Europe is the leader in terms of installed capacity, with Germany and Italy reportedly accounting for 58 percent of the market. Meanwhile, in the Asia Pacific region, China was said to comprise 49 percent of all RDEG installations.

 

For this year, Pike Research estimates that while Europe, North America and Asia Pacific will continue to lead growth, markets like Africa and the Middle East are becoming "indispensable". "Europe will continue to be the largest market for RDEG during this forecast period … but Asia Pacific, led by China, will grow the fastest as untapped domestic markets for RDEG installations emerge," write the authors.

 

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$65 million secured for small-scale solar in SE Asia

$65 million secured for small-scale solar in SE Asia | Solar South East Asia | Scoop.it
The Armstrong South East Asia Clean Energy Fund, said to be the first of its kind in the region, has secured US$65 million in its first funding round.
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First Solar sees sunny local future | Bangkok Business Brief

First Solar sees sunny local future | Bangkok Business Brief | Solar South East Asia | Scoop.it
The Arizona-based First Solar Inc foresees healthy growth in Thailand, as the country is moving fast into renewable energy.

 

According to Won Park, the company’s senior business development manager, First Solar entered the Thai market more than a year ago and has signed five contracts with a combined capacity of 12.2 megawatts.

 

Major clients include Solarta Co with five solar farms, Sonnedix Co, Apollo Solar with two units and Symbior Energy Co which currently operates three solar farms and has another two under construction.

 

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FIT Rates may lose Investor Interest | Renewable Energy Philippines

FIT Rates may lose Investor Interest | Renewable Energy Philippines | Solar South East Asia | Scoop.it

The recent release of the feed-in tariff (FIT) rates last Friday has brought upon much anticipation on the potential investors that may be made available in the Philippines. However, the released rates were surprisingly lower than the figures proposed months before.

 

This rather surprising change in turn has been met with a haphazard and bleak outlook that may eventually lose out on investor renewable energy projects interes

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Southeast Asia hopes to shine with renewable energy – Business 360 - CNN.com Blogs

Southeast Asia hopes to shine with renewable energy – Business 360 - CNN.com Blogs | Solar South East Asia | Scoop.it

Singapore has no room for solar mirror farms, its coast is used for ports and shipping lanes and its tropical air may be ideal for holidaymakers, but no good to generate wind power.

 

Despite these natural disadvantages, the country is trying to position itself as a world leader in clean energy.

 

With strong capabilities in electronics, precision engineering and chemicals – essential for solar, fuel cells and biofuels – the government says its aim is to make the renewable energy sector contribute $1.36 billion to the island state’s gross domestic product and employ 7,000 people by 2015.

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Dow Producing Enlight Polyolefin Encapsulant in Thailand - Solar Novus Today

Dow Producing Enlight Polyolefin Encapsulant in Thailand - Solar Novus Today | Solar South East Asia | Scoop.it
The Dow Chemical Company said today that it has begun production in Map Ta Phut, Thailand for Enlight Polyolefin Encapsulant films for use in photovoltaic (PV) solar panels.
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DuPont eyes big share of solar market in the Philippines industrysourcing.com

DuPont eyes big share of solar market in the Philippines industrysourcing.com | Solar South East Asia | Scoop.it

DuPont is set to launch solar power solutions in the Philippines for sectors such as farms and households. According to Carl Lukach, President of DuPont East Asia, the US-based DuPont group saw great potential in the Philippines for solar power solutions from its DuPont Apollo business, which produces thin film solar panels.

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DoE now accepting RE project proposals

DoE now accepting RE project proposals | Solar South East Asia | Scoop.it
The Department of Energy is already open to accepting applications from renewable energy developers wanting to get an allocation from the limited 760-megawatt installation target.
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Solar farms' idle licences draw review

The government will likely grant licences for individual houses, commercial buildings and property developers to develop and install renewable energy equipment.

 

Energy Minister Arak Chonlatanon said the ministry is studying investment privileges and special electricity rates for those who want to set up roof-top solar panels at homes, factories and public buildings.

 

He said the government is set to terminate idle solar farm licences in order to open the door to new investors.

 

"During the second half of this year all idle licences will be screened out," said Mr Arak, adding that the ministry's plan to float the liquefied petroleum price for the household and transport sectors should also take effect next year after the plan was delayed from this past April.

 

"The government will give a direct subsidy only to low-income earners," he said, but declined to give full details.

 

"The energy-saving campaign will fail if energy prices don't reflect actual costs and people still enjoy cheap subsidised energy."

 

In a related development, the ministry and the Electricity Generating Authority of Thailand yesterday signed a pact with 60 manufacturers, importers and traders to develop energy-saving LED freezers and washing machines under the No.5 label.

 

Thailand launched the No.5 electricity-saving label in 1992, and the programme is projected to help save up to 48 billion baht in the national energy bill or 2,600 megawatts in volume.

 

Products such as air-conditioners, electric fans and refrigerators use the label.

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Southeast asia’s renewables: ignored no more? - AVCJ

Southeast asia’s renewables: ignored no more? - AVCJ | Solar South East Asia | Scoop.it
Aggressive government targets have drawn private equity and venture capital firms into Southeast Asia’s renewable energy.

 

There is no denying that Southeast Asia is becoming a significant energy consumer on the back of strong economic growth. Since 1990, energy demand in the region has doubled and is expected to grow by another 76% by 2030.

 

To accommodate these needs against a backdrop of high oil prices and concerns on fossil fuel combustion, governments have pushed for expansion of the renewable energy sector.

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Asia Solar Energy Initiative: Affordable Solar Power for Asia and the Pacific | Asian Development Bank

Asia Solar Energy Initiative: Affordable Solar Power for Asia and the Pacific | Asian Development Bank | Solar South East Asia | Scoop.it
This brochure outlines efforts of the Asian Development Bank relevant to the Asia Solar Energy Initiative, which helps enable solar-generated electricity to compete with the retail rate from mainstream networks currently dominated by fossil fuel...

 

Consequently, developing countries benefit economically from local solar manufacturing and associated industries while strengthening their energy security. Progressively, the region will gain not only from large-scale solar energy grid applications but also from decentralized solar power generation for remote and rural communities across the region.

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Thailand’s SPCG Completes 30 Megawatts of Solar Power Projects

SPCG Pcl, Thailand’s biggest developer of solar farms, has completed 30 megawatts of sun- powered capacity, it said in a filing today.

 

Four projects of 7.46 megawatts each were finished this month and will start commercial operations on Jan. 31, Chief Executive Officer Wandee Khunchornyakong said in a statement sent to the Stock Exchange of Thailand.


The farms have signed contracts to sell their power to the Provincial Electricity Authority of Thailand, according to the statement. They will receive a 10-year subsidy of 8 baht (25 cents) per kilowatt-hour, Khunchornyakong said.

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Integrated clean energy projects eyed | Eco-Business.com

A Singapore-based non-government organization is planning to put up “integrated” renewable energy projects that can generate between 500 kilowatts and 10 megawatts in remote off-grid areas in the country.
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Asia to overtake Europe as global solar power grows – EPIA | Eco-Business.com

Asia to overtake Europe as global solar power grows – EPIA | Eco-Business.com | Solar South East Asia | Scoop.it
The world's solar power generating capacity will grow by between 200 and 400 percent over the next five years, with Asia and other emerging markets overtaking leadership from Europe, a European industry association said on Monday.

 

The fastest PV capacity growth is expected in China and India, followed by the southeast Asia, Latin America, the Middle East and North Africa in the next five years, said the report distributed at a PV conference in northern Italy.

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Armstrong readies for launch of new US$150m Clean Energy fund focused on Southeast Asia’s emerging markets

Armstrong readies for launch of new US$150m Clean Energy fund focused on Southeast Asia’s emerging market - the Armstrong South East Asia Clean Energy Fund (“ASEACE”)


Singapore-based asset manager secures commitments towards a first closing at US$66m from leading European finance institutions GEEREF and DEG, and an Asian-based corporate.

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Suntech and Yingli Dominate Major APAC PV Markets; Western Module Suppliers at Risk from Import Duties | DisplaySearch Blog

In 2011, PV demand within the four major countries that make up the Asia-Pacific region (Australia, China, India, and Japan) varied widely, with different installed system costs, distinctive customer segment preferences, and different total.

 

When aggregated however, these markets accounted for over 5 GW of module demand – approximately one-fifth of global 2011 market demand – making PV demand in the APAC region high priority to any global module supplier.

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Indonesian university sets up Southeast Asia’s first solar academy – BorneoPost Online | Borneo , Malaysia, Sarawak Daily News | Largest English Daily In Borneo

The University of Indonesia (UI) has set up the first solar energy education and training institute in Southeast Asia.


Dubbed the Solar Academy, the institution has been placed under the Electrical Engineering Department of the university’s Faculty of Engineering.


The academy was launched during a seminar on “Solar Energy for Our Future” which was held at the university campus in Depok.


The university’s head of the Communications Office, Siane Indriani, said the academy was established with the collaboration of Inutec Solarzentrum, a German company dealing in renewable energy.


Siane said Indonesia had an abundance of potential in renewable energy, particularly solar energy which had an average daily radiation of 4.8 kWh/m2 and had yet to be fully exploited

 

 

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Belgian firm still keen on PH solar projects

Belgian firm still keen on PH solar projects | Solar South East Asia | Scoop.it
Enfinity Philippines Renewable Resources Inc., the local arm of Belgian renewable energy developer Enfinity, has committed to push through with its planned solar power portfolio in the Philippines despite the low feed-in-tariff rate granted for...
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Philippines Government approves initial feed-in tariffs for hydro, biomass, wind and solar

Philippines Government approves initial feed-in tariffs for hydro, biomass, wind and solar.

 

The tariffs are considerably lower than those proposed by the National Renewable Energy Board (NREB) last year, particularly for wind and solar projects. The ERC said that this reflected the falling costs of installing these technologies and incorporated a lower equity rate of return for investors. However it referred to the NREB's methodology – which took into account factors such as construction and operation costs, capacity and reasonable return on investment – in arriving at the new tariffs, it said.


The ERC said that the new tariffs would apply for an initial three-year period, or until the installation targets set by the Department of Energy for each technology had been met. After this point, the tariffs would be reviewed and readjusted.

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