ASEAN Photovoltaic Inverter Procurement

Fabby Tumiwa, the Executive Director of Institute for Essentials Services Reform and the Chairman of The Indonesia Solar Energy Association said that ASEAN must establish strong cooperation in developing solar PV manufacturing capability.

South East Asian countries are blessed with abundant solar energy potential. Yet, the solar photovoltaic potential remains underutilized. There are certain roadblocks in the progress of solar PV deployment in ASEAN. This paper aims to investigate the solar PV policies in the ASEAN region over the past decade.

The South East Asia region is an emerging photovoltaic market at its early-stage growth. ASEAN countries are expected to have substantial growth in solar PV deployment. The PV market in the ASEAN region has not evolved into a solid, self-sustaining PV market. Hence there is a necessity for policies and support mechanisms in ASEAN countries. Fig. 1.

The Association of Southeast Asian Nations (ASEAN) is a dynamic market for solar power as well as for renewable energy mergers and acquisitions. Here Apricum Senior Advisor Moritz Sticher provides an update to his 2021 article, Solar Power in ASEAN: A snapshot and outlook of the solar power markets and growing M&A scene, for 2022 and beyond.

Over the past decade, slow growth was observed in some ASEAN countries such as Brunei, Cambodia, Lao PDR, Myanmar. The variation of installed capacity of Solar PV in ASEAN member states is shown in Table 1. It is interesting to observe the variation in solar PV development in the ASEAN region.

Auction of large-scale solar plants has proven to be effective in the ASEAN context. Till 2016, there were no commercial-scale solar PV installations in Cambodia.