4 FAQs about ASEAN solar Inverter Procurement

Can ASEAN develop solar PV manufacturing capability?

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.

Is ASEAN accelerating the solar energy transition?

Monika Merdekawati, research analyst for sustainable renewable energy development, ASEAN Centre for Energy (ACE) during the ASEAN Solar Summit 2023 explained that while solar energy adoption in ASEAN is on the rise, the pace of progress is insufficient to accelerate the energy transition.

Will PV demand grow in Southeast Asia in 2024?

InfoLink projects that PV demand in Southeast Asia will reach 4.5-7.4 GW in 2024, with long-term demand likely growing to 9.7-12.9 GW, suggesting that the Southeast Asian PV market will maintain steady growth in the coming years, becoming a key player in the global energy transition.

Will Southeast Asia become a solar PV manufacturing hub?

Fabby added that Southeast Asia has the potential to become a solar PV manufacturing hub, supplying both domestic and global demand. Currently, seven Southeast Asia countries already have manufacturing capacity in various stages, with a total annual capacity of 70 GW of solar module production, with Vietnam supplying half of this capacity.

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