USAID Clean Power Asia
Harnessing the power of renewable energy for a sustainable ASEAN
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As a city on the front line of climate change, Bangkok should take advantage of policy windows opened by short-term crises to spur long-term investments into sustainable electricity and resilient transportation systems. Combining PV with electric vehicles and public transportation is one path toward innovative and environmental solutions to the air pollution crisis rattling Bangkok.
The Ministry of Industry and Trade in Vietnam is considering allowing companies that use a lot of power to buy electricity directly from power plants. Speaking at a press meeting in Hanoi on April 5, Nguyen Anh Tuan, director of the Electricity Regulatory Authority of Vietnam, said they have been working with international consultancy firms to study the mechanism.
Solar power, specifically PV, has grown rapidly since the turn of the century. Continued growth is being driven by the competitiveness of solar energy: even without subsidy, solar in many markets is already the cheapest way to generate a kWh of electricity. We'll increasingly live in a "solar +" world. Solar will be the preferred way to produce a kWh of energy, because nothing will be able to compete on cost.
The Association of Southeast Asian Nations (ASEAN), the Asian Development Bank (ADB) and major financiers on Thursday launched a facility to spur more than $1 billion in green infrastructure investments across Southeast Asia. The facility offers loans and technical assistance for sovereign projects in areas such as sustainable transport and clean energy.