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Mobile WebSiteSolar emerging markets in the ascendant, especially the sunshine resource-rich and enjoy the policy rush to Southeast Asian countries more attention. Vietnam, Malaysia has recently introduced new equipment and renewable energy new measures, while another large demand in India is still optimistic about the market institutions.
Vietnam, Malaysia move up
Vietnam aims to raise renewable energy to 9.9% of the country by 2020 and plans to increase the national capacity of solar energy to 850MW by the year. However, as of the end of 2016, the installed capacity is only 7MW and the growth space is quite high.
Vietnam Electric Power Company EVN pointed out that the company's power company Power Generation Corp. 3 (Genco 3) intends to use Ninh Thu? N province of 554 hectares of land to build two solar power plants, the total size of 350MW. In this regard, EVN is expected to invest 9.75 trillion VND (about 421 million US dollars), and in the second quarter of 2018 to start construction, is expected to be completed in the first quarter of 2021.
PV Magazine reports that Genco 3 will incorporate agricultural facilities into this solar energy building, but did not release design details. This is the largest solar construction project recently announced in Vietnam; before Genco 3, Sinergy also signed a development memorandum of 300MW power plant in Ninh Thuño province, and Tata Solar, an Indian company, also plans to expand its presence in Bình Phuoc province Develop 100MW solar system.
Genco 3's 350MW power plant is expected to be sold back to the grid at the FIT price of $ 2,086 (US $ 0.091) per Vietnamese government, and is also ready to be included in the net measurement program.
On the other hand, the Malaysian Government's Sustainable Energy Development Department (SEDA) has proposed a net measurement system to replace the FIT system. Malaysia's FIT system is expected to end by the end of this year, the future to consider the net consumption program to promote renewable energy; However, only holders of retail certificates and registered consumers can apply for a net measurement program, there is no electricity to pay the unit may not apply.
SEDA preliminary formulation, as long as eligible, whether it is the general roof or car greenhouse solar energy, can join the net measurement measures, but can join the scale of a certain limit. In general residential users, single-phase system can join up to 12kWp, three-phase system can add up to 72kWp; commercial system can add up to 1MWp. In addition, the ground system of equipment in private land of individual applicants will be considered for inclusion in the net measurement scheme, but need to be approved by the energy unit.
Through the net measurement program, the use of electricity and electricity calculation can be averaged, reducing the peak time (high tariffs) during the electricity consumption, and the excess power into a certificate.
India 2017 installed capacity is expected to grow significantly
Market unit Mercom released a report last month that the Indian market in 2017, the amount of solar energy installed may come as much as 9.8GW. The PV Tech quoted the local city of the company to Bridge to India research, pointed out that India's demand this year may fall 8.8GW, compared with 2016 growth of 76%.
Bridge to India director Vinay Rustagi said that India's solar market in the past three years, an average growth rate of 72%, this year's annual demand is expected to come 8GW ~ 9GW spectrum. Gradually expanding the size of the market and the strong support of the government, but also attracted investors from India to further reduce the price of solar energy. But he also stressed that with the solar industry matures, how the grid to accommodate unstable energy, will become increasingly urgent problem.
On the other hand, Bridge to India partner CEO survey estimates that India will increase 56GW of solar demand in the next five years.
