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.
Despite political hurdles in key markets including China, India and Japan, Asia remains highly active. This year, 59 GW of solar is expected to be installed and due to further system price declines, a phase-out of subsidy schemes can be offset.
Heated opposition to a legislative bill in the Philippines has sparked debate over subsidies for renewables and the potential for battery-backed PV systems to expand rural electricity access.
Under the current scheme, rooftop PV remains far below its huge potential in the country. Regulatory, administrative and financial hurdles are preventing more electricity consumers from installing rooftop arrays, as well as the resistance of local utilities.
In a tender for 50 MW of solar, local PV module manufacturer and project developer, Solar Philippines submitted a bid of P2.34 (US$0.044) per kWh.
The PV maker plans to shift its 800 MW of E-Series production to its new NGT technology, as it records a massive loss on depreciation of its old equipment. The move was revealed in second-quarter figures featuring plenty of red ink.
The Philippines-based energy company has signed the share purchase agreements to acquire a 15% stake in two Thai companies, which are building a 220 MW utility-scale solar power project in Myanmar.
The company, noting its substantial investment in U.S. research and development as well as tools, has further hinted that it may establish U.S. manufacturing for its P-Series modules.
The 10 members of the Association of Southeast Asian Nations (ASEAN) are on track to make solar and other renewables account for 23% of the region’s total primary energy supply (TPES) by 2025, but governments will need to create better policy and investment frameworks to make it happen, according to the International Renewable Energy Agency (IRENA).
Solar Philippines has offered to provide continuous PV-generated electricity to power distributor Manila Electric Co. (Meralco) at a rate of PHP 2.99 ($0.058)/kWh.
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