Technical FAQs 4

Is solar PV a good investment in ASEAN?

more limited regarding geographical coverage.The cost of capital for wind and solar PV investments remains relatively high in many ASEAN member states and the financial value proposition for private sector investment in renewables often

Are there support mechanisms for solar PV development in ASEAN countries?

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. Different types of support mechanisms for solar PV development. 3.1.

Can energy storage technologies be a policy framework for ASEAN?

A detailed study on policy aspects and status of energy storage technologies in the context of ASEAN can be future work. Foreseeing the massive RE growth and adoption of electric vehicles, a robust policy framework for energy storage facilities is anticipated in the near future.

Are solar PV policies underutilized in South East Asian countries?

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.

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