USAID Clean Power Asia
Harnessing the power of renewable energy for a sustainable ASEAN
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A 420 MW solar power project, the largest of its kind in Southeast Asia, has officially started production in Tay Ninh. The inauguration of the Dau Tieng Solar Power Complex, a joint venture between Vietnamese construction firm Xuan Cau and Thai conglomerate B.Grimm, took place Saturday in Tan Chau District, Tay Ninh Province, around 100 km (62 miles) from Ho Chi Minh City.
Development of floating solar photovoltaic (PV) power plants is expected to increase 100-fold in Southeast Asia over the next five to 15 years, according to energy research firm Rystad Energy. Development plans are in the works in Thailand and Vietnam as large-scale floating PV installations, with smaller utility-scale floating PV developments being proposed in Indonesia, Singapore and Myanmar.
The global energy supply is turning greener. Investment in new renewable energy is on course to total $2.6 trillion in the years from 2010 through the end of 2019, according to a study by BloombergNEF for the United Nations Environment Program and Frankfurt School’s UNEP Center published Thursday. The boom in the capacity to generate electricity from low-carbon sources gives credibility to an effort by world leaders to slash climate-damaging greenhouse gases.
The auction for 60 megawatts (MW) of solar photovoltaic (PV) capacity conducted by Electricite du Cambodge (EDC), Cambodia’s national electricity utility, has led to the lowest bid of 3.877 cents (US dollar) per kilowatt hour by Prime Road Alternative Company Limited. The project, supported by the Asian Development Bank (ADB), drew 26 bidders, including several global companies, and has achieved the lowest power purchase tariff for a solar project so far recorded in Southeast Asia.