EQ iSearch Report on South East Asia Solar Industry

Page 27

GREEN PLAN 2030 The government unveiled a wide-ranging “Green Plan” that included steps such as Solar energy deployment will quadruple to 1.5 GWp by 2025, including covering the rooftops of HDB (Housing & Development Board) blocks with Solar panels. By 2030, Solar energy deployed will be five times that of today, with at least 2 GWp, capable of powering about 350,000 households a year. Tap green energy sources from the ASEAN region and beyond, through electricity imports. Increase efficiency with each new generation of gas-fired power plants to reduce emissions (such as through adopting new, advanced, combined-cycle gas turbines).

ELECTRICITY GENERATION LICENCE The electricity licensing requirements for Solar PV systems will be based on the aggregate of the Alternating Current (AC) inverter capacities (“installed generation capacity”) at the point of connection to the grid. Any person who engages in the generation of electricity with a Solar PV system with an installed generation capacity of 1 MW or more but less than 10 MW is required to apply to EMA for a Wholesaler (Generation) Licence. For an installed generation capacity of 10 MW or more, the entity has to apply for a Generation Licence. All relevant licenses should be obtained before any turn-on of Solar PV installations.

EQ iSearch

Conclusion

Singapore is planning to achieve more than a GWs of Solar PV capacity by 2025, as the country has too many potentials for renewable especially Solar but the major challenges lie to land constraints like the size of the country is less than Los Angeles. The results of which the largest Solar projects in the country are not utility-scale projects rather than floating Solar project even face some space constraints when it comes to floating Solar which forced the country to pledge to have its peak greenhouse gas emission by 2050 and wants to achieve net-zero emission in the second half of the 21st century behind other developed nations. Many multinational conglomerates such as Amazon, Google, Shell are pledging to use Solar PV as their source of electricity in the country which is giving a boost to the country’s target of net zero-emission.

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iSearch South East Asia Solar PV Industry

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CONCLUSION ON SOUTH EAST ASIA REPORT

2min
pages 51-52

SOLAR PV PROJECT MYANMAR…………………………………………………………………………………………….………………………………………43

5min
pages 41-44

POWER MIX

0
page 48

SOLAR PV PROJECT LAOS………………………………………………………………………………………………………………………………………………50

2min
pages 49-50

SOLAR PV PROJECT NEPAL…………………………………………………………………………………………………….………………………………………41

2min
page 40

SRI LANKA ROOFTOP SOLAR……..................………………………………………………………………………….…………………….…………39

4min
pages 37-39

POWER MIX

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page 33

ISSUE IN SOLAR MICRO GRID

3min
pages 35-36

BANGLADESH

1min
page 32

INDONESIA

2min
page 28

POWER MIX

2min
pages 29-30

ELECTRICITY GENERATION LICENCE

1min
page 27

SOLAR PV PROJECT

1min
page 31

QUARTERLY SOLAR PV INSTALLATIONS

0
page 26

PHILIPPINES

1min
pages 19-20

ROOFTOP SOLAR GROWTH ………………………………………………………………………………………………….…........0

2min
pages 6-8

SOLAR PV PROJECT

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page 14

MALAYSIA

3min
pages 16-17

SOLAR PV PROJECTS

2min
page 18

SOLAR PV PROJECTS

3min
page 24

POLICY

1min
page 15

VIETNAM

2min
page 5
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