China’s GoodWe has commenced operations at a manufacturing facility in Vietnam. The plant specializes in grid-tied and hybrid inverters.
OCI has agreed to supply polysilicon to Toyo Solar, the cell production subsidiary of VSun Solar, in order to support wafer production.
The rebound effect consists of a reduction in expected gains from a more resource-efficient technology as a result of behavioral or systemic change. An international research team has investigated this phenomenon in the residential PV segment in Vietnam and has found that it could happen in any country where the policy supporting solar power is not fully and scientifically explained.
Vietnam’s Ministry of Industry and Trade (MOIT) is drafting a new rooftop PV decree that rules out the possibility for homeowners to sell excess energy back to the grid. Apricum analyst Moritz Stitcher tells pv magazine that the mechanism sends the wrong message for the sector.
Toyo Solar, a subsidiary of Vsun Solar, commissioned a 4 GW TOPCon cell factory, completing the first phase of an 8 GW manufacturing facility in Vietnam.
The PV industry in Southeast Asia has come a long way since guest author Ragna Schmidt-Haupt, partner at Everoze, reported on solar financing innovation in the region more than a decade ago. In this article, she outlines five factors for success, the newest of which has the potential to become a game changer, and not only in Southeast Asia.
A group of researchers from the US National Renewable Energy Laboratory assessed the potential for floating PV (FPV) plants at reservoirs and natural waterbodies in 10 Southeast Asian countries. It found that the overall FPV technical potential for the region ranges from 477 GW to 1,046 GW.
In addition to the new factory’s wafer production capacity of 6.5 GW, it has a cell capacity of 4 GW and a module capacity of 5 GW.
The new manufacturing facility is located in Thai Binh and will produce modules mainly for the US market. It currently has a capacity of 500 MW and is expected to reach 3 GW within 12 months
New PV capacity additions in Southeast Asia are expected to bounce back this year for the first time since 2020, according to the Asian Photovoltaic Industry Association. The market is expected to grow by 13% in 2023, for 3.8 GW of new installations.
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