Myanmar

The country’s Ministry of Electricity and Energy allocated all tendered solar capacity in its first procurement exercise for large-scale PV. Final prices ranged from $0.0348 to $0.051 per kWh. China Machinery Engineering and Sungrow were the main winners, securing eight and nine projects, respectively.

The country’s Ministry of Electricity and Energy is seeking proposals for 30 large-scale solar plants. The selected developers will be awarded 20-year power purchase agreements.

The nation is targeting an unspecified capacity of solar PV systems to be installed on households and public facilities across several of its regions. The successful projects will be jointly financed by the World Bank and the government of Myanmar.

The Business & Human Rights Resource Centre has published a report looking at the human rights due diligence performance of the renewables industry and examined individual generation methods. The report finds that, while the solar sector is not top of the sad list, its vest also isn’t completely unstained.

The east Asian nation has stepped into the solar world with the 50 MW Minbu facility – planned to eventually reach 170 MW – reportedly beating other previously announced projects to grid connection.

Using an application based on resource data and country-specific techno-economic inputs, a report has analyzed the costs of developing utility scale renewables in Southeast Asia and found abundant, cost-competitive potential.

U.K. developer Lightsource BP – in which oil and gas giant BP has a significant minority stake – and its Singapore fund partner EverSource Capital are reportedly ready to take up all the $100 million slice of Ayana Renewable Power which is being put up for sale.

The bank continues its involvement in Thailands largest IPP B.Grimm, which is set to grow its renewable energy portfolio. According to ADB, the green bond proceeds will go to nine operational solar PV plants with a cumulative rating of 67.7 MW, and 30.8 MW that are currently still under construction.

The International Renewable Energy Agency wants to unlock the PV potential of the Asia-Pacific region with technical and planning support. It says a better flow of knowledge is needed to close the gap on a regional aim of generating 23% of energy from renewables by 2025.

Thailand-based Modern Energy Management (MEM) says it has teamed up with an undisclosed investor to develop a 130 MWp solar PV project in Myanmar. It is expected to come online in Q4 2019. Overall, the country is said to have a large-scale solar pipeline totaling 1.5 GW.