Research and Outlook on Power Interconnection in the Asia
Ø East Asia: Based on the advantages of market, technology, capital, and power interconnection, to ensure reliable power supply and green transition. Ø Southeast Asia: Building a green, safe,
Ø East Asia: Based on the advantages of market, technology, capital, and power interconnection, to ensure reliable power supply and green transition. Ø Southeast Asia: Building a green, safe,
According to PV InfoLink''s report, first of all, from the perspective of large-scale silicon wafer production capacity of leading silicon wafer factories, as the cost advantage of
PDF version includes complete article with source references. Suitable for printing and offline reading.
Looking at this high level of solar irradiation, ASEAN countries are maximizing the opportunity by installing photovoltaic (PV) systems. The latest market data of PV installation in Year-2020 has shown a total power output of 26.6 GW (1 GW = 109 W) (See Fig. 2).
The potential for solar photovoltaic (PV) and offshore wind supply chain investments in Asia Pacific presents a US$1.1 trillion opportunity to 2050, of which 75% would be spent on and remain within the countries undertaking these projects.
InfoLink projects that PV demand in Southeast Asia will reach 4.5-7.4 GW in 2024, with long-term demand likely growing to 9.7-12.9 GW, suggesting that the Southeast Asian PV market will maintain steady growth in the coming years, becoming a key player in the global energy transition.
Despite the promising outlook, the Southeast Asian PV market faces several challenges. The first major obstacle is the insufficient grid capacity to integrate more solar power. Many countries are working to improve their infrastructure to support the increased feed-in of solar-generated electricity.