Stefan Robertsson, principal, delivered an overview of the Southeast Asia solar power market in a webinar for Solar Media on 31 August 2017. The webinar was part of Solar Media’s lead-up to the Solar & Off-Grid Renewables Southeast Asia conference, which will take place on 21-22 November in Bangkok.
Stefan discussed the development of solar power across Southeast Asia and gave clues as to what might be expected in the near term given current contracts and national development plans. Despite a sharp increase in interest among international investors, Southeast Asia has fallen behind the rest of the world in solar development, with installations of new capacity falling even as they accelerate in India and China. Stefan argued that the reason for this disparity lay in poor regulation and government policy. Examples of suboptimal regulations included cross-subsidies of electricity tariffs and the negative impact they have on both rooftop and utility solar applications, and how the slow pace of industry deregulation is holding back a buildout of solar power. Set against the low near term build out of solar power in Southeast Asia, Stefan argued that strong fundamentals, fuelled by continuous improvement in the economics of solar generation, will likely see the region’s ambitious targets reached and exceeded. Predicting when this uptick in momentum will kick in is the key, especially as it will continue to depend to a large extent on changes to regulations and government policies.
Click here to watch the webinar on YouTube.