The sun as fuel for the development of the Southeast Asia

Southeast Asia is one of the most promising markets for solar development. Home to dozens of emerging economies with favourable political climates, Southeast Asia is bound to become a cornerstone of the renewable energy revolution.

Enerray is actively present and develops business in many countries of the Asian Continent:


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Thailand

Thailand, the second largest economy of Southeast Asia, is projected to increase its power consumption by 75% in the future, but its old energy infrastructure and excessive dependence on fossil fuels are an obstacle to the country's economic growth.

Realizing the problem, Thailand already set out rather ambitious goals to secure its future power supply. By 2036, the country targets 20 GW of new capacity based on renewables (=15-20% of total energy consumption mix), of which 6,000 MW of solar energy.

The new Alternative Energy Development Plan (AEDP) for 2015-2036 put a huge emphasis on country energy security, protection against cost of living of people and fight to climate change. Moreover Thailand also utilizes a feed-in-tariff (FiT) since 2015 and various tax and non-tax incentives. 

Regarding solar rooftop systems the policy maker’s intention is to move away from the FiT towards a self-consumption driven market, through a net-metering/net-billing scheme, that could trigger more investments in the already growing solar rooftop market.

Enerray UAC Thailand - We operate through a local company in partnership with UAC Global Public Company Limited, a leading Bangkok-based company listed on the SET (Stock Exchange of Thailand). Various industrial solar rooftop structures have already been completed and connected. The company has secured 75 MWp in Operation and Maintenance (O&M) contracts.


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Vietnam

Vietnam is considered to be a country with very good conditions for solar PV, expecially in the southern region. Despite the potential for its application, renewable energy in the country has so far only been installed in negligible sizes.

The revised National Master Plan for Power Development 2011-2020 outlined the need increase electrification, achieving energy security, energy efficiency, renewable energy development and power market liberalisation, but this has not been sufficient.

With the recent approval of Decision 11, solar energy projects are eligible for several incentives (loans, exemption from import duty, tax incentives, feed-in-tariff) that will make investments more attractive.

The national renewable energy levels are aimed to be increased to 7% in 2020 (850 MW of solar power) and above 10% (12,000 MW of solar power) in 2030.

Enerray has been able to secure strategic partneship in Vietnam to closely follow development and EPC opportunities in the PV market. Thanks to a consolidated network of local and international advisors and a growing pipeline of projects in Vietnam, Enerray has gained an extensive knowledge on technical and legal aspects of the market and today is ready to start construction activities.


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Philippines

The Philippines is an island nation, comprised of over 7,000 isolated islands and an electricity access at only 89.1%, that make developing off-grid solar very lucrative.

Despite the lack of supporting mechanism for the development of renewable energy, over 4 GW of potential capacity of solar energy projects have been awarded.


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Malaysia

Having survived and recovered from two major recessions, the Malaysian economy is among the fastest growing in Southeast Asia and is expected to grow 4.5% over the course of 2017.

Malaysia’s energy sector is self-sufficient, largely thanks to its plentiful reserves of coal and natural gas, but Bornean Malaysia has a much less developed grid, which makes off-grid solar more viable.


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Cambodia

Cambodia has displayed a rapid economic development in recent years, but the poor condition of its power infrastructure causes frequent power outages, and the high dependence on imported electricity makes energy prices very high. This is an obstacle to local business and reduce the quality of life in the region.

To forefront these problems the country’s energy policy is concentrated in the expansion of power infrastructure (increasing electricity production and transmission levels, electrification of all villages), mainly through renewables. To achieve this goal, the government intends to pursue a policy of allocation of funds to facilitate private investment.


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Myanmar

Myanmar, also known as Burma, is one of the countries with the worst conditions in the region (low GDP and consumption per capita).

Its population is dispersed and many households do not have access to the electricity provided by the grid. In order to provide some electricity, to these households the government is rolling out several small off-grid and mini-grid applications to help rural communities.

The investments into the power sector are guided by the Electricity Law and a few detailed regulations, including tariffs, legal terms, environmental aspects, but most of the specific conditions for a project are negotiated under the PPA agreement with the government.


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