Tagged: emerging solar markets

Vietnam – Potentially Exciting Prospects for Long-term Solar PV Growth

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Vietnam currently lacks a developed solar PV sector, but the range of possible market scenarios for PV in the country are much wider and potentially more promising than most other regional countries examined by ClearSky Advisors. While the absence of any policy-based driver has been a significant barrier to the growth of solar PV in Vietnam, it can with the right formula, become a regional solar PV powerhouse.

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Jordan – The second round of large-scale project solicitation is set to begin

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Jordan’s Ministry of Energy and Mineral Resources (MEMR) has recently announced the initiation of the second round of its direct large-scale proposals initiative. Similar to the first round, this program allows for the direct submission of proposals for investment in large-scale renewable energy projects. These projects are developed on a build-own-operate basis with produced power purchased at a fixed rate by the country’s utility, NEPCO.

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Thailand – Emerging Solar PV Opportunities

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Thailand is expected to experience significant near-term growth and develop into one of the leading solar PV markets in Southeast Asia. Thailand’s abundant solar resource, PV market maturity and the relative effectiveness of current solar policies provide an attractive growth environment for commercial, utility as well as residential-scale projects. The country currently has just under 500MW of installed solar PV capacity, but provided optimal growth conditions this could increase to between 1,200 and 2,000MW by 2017.

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Solar Achieves Grid Parity in Saudi Arabia – Significant Developments Expected

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So what can we make of the massive plans slated for solar energy in Saudi Arabia? Given the current cost structures of solar energy, the Kingdom’s growing need for new electricity production, and the threat of losing their dominance within the global oil industry, it would seem that these targets are indeed achievable and based in sound economic and political logic.

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