Steven Tang (邓传杰)’s Post

The Terra Solar project is a game-changer for the Philippines' renewable energy landscape; representing the nation's largest foreign investment in a greenfield infrastructure project. Terra Solar is set to power over two million households, with 3,500 MWp of solar capacity and 4,500 MWh of battery storage, and add to the country's energy security. Terra Solar is one of the world's largest integrated renewable and energy storage facilities, which will displace 4.3 million tons of coal annually, bringing the Philippines closer to its renewable energy goals. Embracing this project will solidify the Philippines as a global leader in sustainability, create more jobs, boost economy, and ensure a greener future for generations to come. #RenewableEnergy #Sustainability #EnergySecurity #SolarPower 🔗 https://lnkd.in/d_gqbPFG

Did you know that by far the fastest growth in renewables across the Southeast Asia has been in Vietnam so far – with the total installed solar, hydro and wind capacity of over 46 GW? And now it will get even faster as the national energy policy in Vietnam has adapted the direct power purchase agreement (PPA) option which has a significant positive impact on bankability of the next large-scale wind and solar projects across the country. This energy policy and legislation change has been awaited for by investors, developers and consumers alike for 7 years – imagine the excitement and the momentum it holds! Notably, this change also allows for investing in and building merchant power grid connections to deliver green electricity to the respective industrial and commercial businesses who would enter such PPAs (as the electricity grid in Vietnam has not been developed yet for such large amounts of renewables in the system). Here is an article to learn more: https://lnkd.in/gtkrsynj At Theia Hub, we have researched all of the Southeast Asian markets’ electricity, transport and manufacturing sectors to identify and map out the key market, finance and technology trends – and as electrification is especially key in all of the concerned sectors, there is no doubt that this enablement of PPAs and merchant power lines in Vietnam will have a major positive impact unlocking the expected further high growth in the next renewables projects and decarbonisation of value chains that they can enable (e.g. electric transport, energy storage for manufacturing and beyond). The results of our research are published in the strategic C-level reader focussed market study here on our website (link below), where you can download the Executive Summary and sample pages from all main chapters at any time for free. Also, please do let us know if Southeast Asian decarbonisation is an area you are working with or are interested in – we would love to hear from you!     https://lnkd.in/dJBxYm54 #decarbonisation #Southeast Asia #vietnamrenewables #marketstudy Charlotte Ratcliffe Bilal Khan Victoria Tully (BA, MA) Lodovica Di Deodato Charlotte Bjørn Hansen Lana Solesen

Exciting to watch the latest market developments in renewables across Southeast Asia - the PPAs and merchant power lines regulatory unlocking is expected to immensely boost the bankability of wind and solar projects in Vietnam. More green electricity is good for the industry, country and the planet.

Vietnam's solar energy market is booming, presenting a golden opportunity for investors eager to support the country's ambitious sustainability goals! With plans to achieve "Net Zero" emissions by 2050, Vietnam is ramping up its renewable energy efforts, particularly in solar power. 🌞 In 2023, solar energy contributed an impressive 9.2% of the nation's electricity generation, thanks to abundant sunlight and supportive government policies. With targets set for over 20,591 MW of installed capacity by 2030 and incentives like tariff exemptions for imported equipment, the potential for growth is massive! As Vietnam continues to innovate and expand its renewable sector, there's no better time to explore investment opportunities in this vibrant market! 🌍💡 #SolarEnergy #Vietnam #Sustainability #InvestmentOpportunities https://lnkd.in/erhrkBNK #SolarPower #RenewableEnergy #GreenTech #SustainableLiving #EcoFriendlyInnovation

The explosion of more than 100,000 rooftop solar systems in Vietnam Vietnam is considered a country with great potential for solar power development thanks to its high solar radiation source, spread throughout the country. In particular, low labor costs and domestically produced equipment significantly reduce investment costs. These factors, combined with the completion of new legal documents, such as Decree 80/2024/ND-CP on the mechanism of direct power purchase contracts and Decree 135/2024/ND-CP on self-produced and self-consumed rooftop solar power, have created a clear legal corridor, promoting strong market development. Since 2020, Vietnam has put into operation about 17 GW of solar power capacity, helping Vietnam to be among the top in the ASEAN region in terms of clean energy development. Notably, the Commercial and Industrial Rooftop Solar Project (CIRTS), jointly implemented by the GIZ International Cooperation Organization and the Electricity and Renewable Energy Agency, has contributed significantly to this success. The project is funded by the German Federal Ministry for Economic Cooperation and Development (BMZ) and will be implemented from February 2021 to January 2025. #insenergy #energy #solarpower To find out more, click here: https://bit.ly/3PIsqOo

AIKO and VEERS GROUP Partner to Advance South Africa’s Solar Revolution In a bold move to accelerate the country’s renewable energy transformation, AIKO, a leading solar technology company with BloombergNEF Tier 1 status, has partnered with VEERS GROUP, a Level 1 B-BBEE organization, to form a groundbreaking joint venture. This collaboration aims to revolutionize the utility-scale and distributed solar sectors in South Africa, leveraging cutting-edge technology and a strong focus on localization to drive the nation’s energy transition. The joint venture will concentrate on advancing both utility-scale and distributed solar energy solutions across South Africa while expanding its reach throughout the African continent. By utilizing AIKO’s industry-leading N-Type ABC solar modules, […] Read the full story here: https://lnkd.in/dhPHcShX #solarenergy #alternativeenergy #solarpv #pvsolar #photovoltaic #cleanenergy #cleantech #climatechange #africa #greenenergy #renewableenergy #solarenergy #southafrica

Kazakhstan is poised to become a pivotal green energy exporter, targeting 12 gigawatts (GW) of renewable capacity by 2030. In collaboration with Uzbekistan and Azerbaijan, the nation is developing a high-voltage transmission line across the Caspian Sea aiming to connect Central Asia to Europe and boost regional energy integration. In 2024, the European Bank for Reconstruction and Development (EBRD) invested €913 million (approximately US$942.8 million) across 25 projects in Kazakhstan, underscoring the nation’s commitment to sustainable energy development. Read more: https://hubs.li/Q034tSl70 #RenewableEnergy #GreenEnergy #Kazakhstan #EnergyTransition #Sustainability

World Bank Group’s MIGA and International Solar Alliance Launch New Solar Facility to Expand Global Renewable Energy Access The Multilateral Investment Guarantee Agency (MIGA), part of the World Bank Group, and the International Solar Alliance (ISA) have announced the establishment of the MIGA-ISA Solar Facility, a multi-donor trust fund aimed at accelerating global solar energy adoption. Catalyzed by the Indian government’s push to expand renewable energy access, the facility will combine ISA’s technical expertise with MIGA’s financing capabilities. The facility will deploy concessional financing tools such as first-loss instruments and reinsurance capacity to lower the cost of MIGA’s guarantees, making solar projects more bankable. Both organizations will collaborate on launching new solar power and distributed energy projects in […] Read the full story here: https://lnkd.in/dn8WWh-P #solarenergy #alternativeenergy #solarpv #pvsolar #photovoltaic #cleanenergy #cleantech #climatechange #africa #india #isa #miga #renewableenergy #solarenergy

🌞 Vietnam's Rooftop Solar: New Opportunities for Investors! 🌞 Vietnam’s draft decree on rooftop solar power is here, opening doors for foreign investors! 🌱 With a focus on self-produced and self-consumed energy, this move supports Vietnam’s push for 30% renewable energy by 2030 and net-zero emissions by 2050. ⚡ Whether it’s self-consumed or grid-connected systems, there’s potential for surplus sales, creating growth in solar tech, installation, and energy storage. 🚀 Challenges remain, but the future looks bright for Vietnam’s green energy transformation! 🌍 #RenewableEnergy #SolarPower #Sustainability #Vietnam #NetZero #Alberta #Calgary #Edmonton #yyc #yeg Read more: https://lnkd.in/ghwUyQiM

HUASUN HJT Steers Southeast Asia Towards a Greener Future: Highlights from the Solar & Storage Live Philippines 2024 From May 20th to 21st, the Solar & Storage Live 2024 Philippines illuminated the SMX Convention Center in Manila, becoming the weathervane of renewable energy innovation in this country. Drawing together over 300 industry leaders and attracting tens of thousands of professionals and investors, this event not only provided a glimpse into the future of the Philippine and even Southeast Asian solar industry but also served as a hub for energy technology collaboration. Read the full story here: https://lnkd.in/gXP7U5MZ #solarenergy #alternativeenergy #solarpv #pvsolar #photovoltaic #cleanenergy #cleantech #climatechange #middleeast #africa #india #asiapacific #asia #collaboration #g12series #hjtmodules #huasunenergy #nrep #renewableenergy #solar&storagelive2024 #solarenergy #solarpowerplant #southeastasia