15th July, 2021 | Future Energy Asia

Topics

According to Wood Mackenzie’s projection, from 12.6 GW in 2019, Southeast Asia’s (SEA) combined solar PV capacity could nearly triple to 35.8 GW in 2024. 

As the cost of electricity production from solar PV falls significantly, the region will see energy consumers choosing solar, especially floating and rooftop solar. Both offer the advantage of requiring minimal land cost and being linked to existing electricity network. 

In this webinar, the floating and rooftop solar opportunity in Southeast Asia will be evaluated in-depth:

• What floating and rooftop solar incentivizing mechanisms (FiT, DPPA, auction, etc.) are being considered for implementation in Southeast Asia markets in the next 5 years? 

• How will coupling with an energy storage unit enhance the ROI of a floating or rooftop solar PV system? 

• In the case of floating solar, how will combining solar and hydro power plants impact the project’s economics? 

• Used in conjunction with P2P energy trading, rooftop has the potential to empower the consumer to procure their own decentralized green energy supply at the best price. Can the scenario be realized on a large scale in SEA> 

• In SEA, corporations are playing an increasingly important role in driving demand for renewable energy and providing additional capital for the sector. Can technology innovation such as blockchain enable a flexible and transparent REC system to encourage corporations to adopt renewable energy? 

Speakers

 Media

Rooftop solar PV continues to gain momentum in Southeast Asia (Indian Chemical News)

Since corporates have their own business issues to deal with during this pandemic, their priorities aren’t just solar or green energy, says Sol Props, Senior Delivery Director, Macquarie Group as he points out a temporary slowdown in the energy market.

Sharing his thoughts alongside other experts at the webinar, ‘Spotlight on Solar: Floating solar, rooftop solar opportunities in Southeast Asia’, Props mentioned, “Closing deals was very tough physically during the pandemic but our company managed to get a 1.3 gigawatt project in the Philippines online. Industry issues and more tariffs for corporates have created a burden. In Vietnam, it has been more about the corporate rooftops. Corporate PPAs and offsite corporate PPAs in rooftop solar PV markets will be our focus in the next few years. There are growing markets such as Korea, Arab countries, and Japan. The investments will be where land cost is lesser, agriculture land is scarce and low value industrial areas. Among challenges are cleaning the panels with detergents, raining environment, mud waste, marine growth. We require sufficient engineering to tackle marine growth. Money and engineering would help to cope up besides the development process and customizations.”

Lieu Dang, Partner, DNA Vietnam LLO, a top renewable energy consulting firm, shares his perspective in the context of Vietnamese market: “Vietnam is expected to have second-highest solar PV penetration in power generation in the region by 2030. From the beginning of the outbreak to the end of 2020, we managed to do 9 gigawatt of rooftop solar PV. The pandemic impacted certain businesses yet it hasn’t stopped individuals and corporates to tap opportunities. From the development side, the M&A market is active. People have difficulty in travelling to the country but we are still seeing positive responses through various means.”

Milan Koev, Founder & CEO, Hexagon Peak says, “We are currently serving 4 countries and have achieved 50 megawatt of rooftop PPAs in Vietnam. We are now looking at other markets. Business wise traveling is not possible and doing the Capex intense projects online is of course not perfect but then there are technologies to service. The second aspect is global and looking at the bigger picture, this crisis has woken up a lot of people who weren’t considering climate change and environmental issues as a big concern. I see a lot of development in many big corporations committing to carbon emissions now. Perhaps it is the result of Covid-19 situation. In Vietnam, there is an upcoming project which is a significant development. We are currently dealing with industry level companies who are extremely eager to set up their contracts in order to secure their green energy supply. Pandemic has opened up new opportunities.”

Organized by Future Energy Asia, the discussion was moderated by Hendrik Bohne, Head of Business Development & Asset Management, Aquila Capital.

Rooftop Remains Popular Choice

Sharing a comparative account of floating solar PV and rooftop solar PV, Dang says, “Floating solar PV is encouraged by the government. The tariff is lower than rooftop and there are several projects that reached COD. There are 10 new projects under consideration. One of the challenges is that the developer has to pay a lot of cost and needs to be minimized. Earlier the cost was 9.3 cent per hour and has decreased to 7.69 cent. Hopefully, it will get reduced further. Comparatively, rooftop solar projects in Vietnam are not more than 1 megawatt and given the small scale and regulatory clarity, it is there to stay. Floating is for utility, rooftop is small scales. Rooftop is easy as the regulation for utility is yet to come in Vietnam. Uncertainty in case of floating is an issue. We need to wait.”

As per Props, any project on rooftop definitely wins on the financial front. “Rooftop will go ahead in the next five years. It is a tougher market and tough to find the contractors that are bankable. Construction business needs equipment guarantee. Financial institutions and insurance to improve too have to ensure scalability. We must remember that solar technology started in space and we can overcome all challenges.”

Milan Koev says, “From Southeast Asia perspective, there hasn’t been much development after the outbreak of the pandemic. Only exception is Vietnam where we have seen exposure to larger projects. It has significantly lower volumes than what it used to be. Lack of attractive subsidy has pushed a lot of developers to rooftop space. Situation on the revenue side is very attractive for rooftop. Since South Korea, Japan and Taiwan are running out of land, there are good opportunities in floating solar PV. At the same time, there is an issue of cost. We have to see a lot of tech improvements, floating cost and maintenance cost. These add to the Capex costs. The floats may be more expensive than solar panels. In coming areas we will see reduction of costs.”

Growth Drivers

Props bet big on the advantages of power purchase agreements (PPAs). He feels that 10-20 years of PPAs are aimed at building trustworthiness, and relationship between parties. “We can bring rigor in investment if the assets are attractive for corporations. There are huge volumes of corporate PPAs in India where corporates can buy huge volumes of energy with significant discounts and lower tariffs for 1 megawatt projects.”

Agrees Milan Koev who says the revenues and project returns are better in PPAs. “Private PPAs will not move beyond 1 megawatt and are without any government subsidy. Majority of developers moved utility to the rooftop due to higher returns.”

“We are involved in a couple of projects in South Korea, more on the offshore floating and seawater floating. The lakes have been low hanging fruit for solar PV to pick up but essentially to go through scale and create many industries within industries such as offshore. We are just a few years from reaching our goals. Bank finance and lack of data are challenges. For agreeing to finance the projects, banks are seeking data on technologies. Once more data comes in, we will see the finance and industry picking up,” sums up Koev.

12th July, 2021 | 15:30 – 17:00 IST | Council of Energy, Environment and Water (CEEW), India

About the Event 

Renewable electricity is the cleanest and cheapest alternative to fuel growth in demand in emerging markets. India is already leading the way, as several other countries continue to seize this opportunity. Renewables create jobs, reduce pollution, reduce import costs, and accelerate development, creating unique conditions to achieve the trifecta of jobs, growth and sustainability.

The Parishad webinar will mark the launch of the report ‘Reach for the Sun: The Emerging Market Electricity Leapfrog’ by Carbon Tracker and CEEW. The session will focus on the ongoing energy transition in India and emerging economies and will map the pathways to align the energy transition for emerging economies with the Paris climate targets ahead of COP26.

Speakers

•  Kalikesh Narayan Singh Deo – Former Member of Parliament, India

•  Milan Koev – Chief Executive Officer, Hexagon Peak, Solar Power Consultant

•  Xavier Garcia-Casals – Energy Transition Senior Expert, Policy Unit, International Renewable Energy Agency

•  Jemma Green – Co-founder & Chairman, Power Ledger

•  Kingsmill Bond – Energy Strategist, Carbon Tracker Initiative

•  Arunabha Ghosh – CEO, CEEW Arunabha

   

   

13th May, 2021 | 2:00 PM Vietnam Time | Neoventure

About the Event

Attendees of this webinar will learn:
– Potential, status quo and forecast of solar energy development in Vietnam;
– Growth prediction of Vietnam solar energy: Ground-mounted vs. floating vs. rooftop solar;
– DPPA, Corporate PPA and auction mechanism incentivization for solar energy development after 2021;
– Key obstacles to overcome: grid issues, investment environment, bankability and insurability, competitiveness, curtailment, etc.
– How shall master-plan approved ground-mounted solar project proceed?
– Solar Inverter requirements (variety of requirements to meet the flexible demands of ground-mounted projects), advanced application solutions, etc.

Speakers

Moderator:
Nguyen Thanh Hai, Special Counsel, Baker Mckenzie
 
Panelists:
Thomas Jakobsen, Managing Director, Indochina Energy Partners
Milan Koev, Founder and CEO, Hexagon Peak, Independent Renewable Energy Consultant
Tran Nguyen Hung, Project Developer, Scatec Solar
Tony Cao, Technical Senior Manager, Solis

Media

https://drive.google.com/file/d/1GDuY9i_t-g45O8H1Fq2GkT2FrZ1qZzr_/view

9th April, 2021 | 3:00 IST | EQ Magazine

Speakers

Milan Koev, CEO – Hexagon Peak, Solar PV Consulting Professional

Mr. Murthy R Nuni, Managing Director – Marshal Global Renewable Power

Prashant Choubey, Senior Executive Vice President – Avaada Group (Moderator)

Duc Hoang Nguyen, Business Development – Fourth Partner Energy

Divya Kumar, Product Marketing Director (SE Asia) – FIMER

Dang Vu, Managing Director – ND Engineering & Trading Ltd. Co.

Ruth P. Briones, Chairman and CEO – Greenergy Solutions Inc.

Nguyen Khoa, Managing Director – INPOS Ltd

Van Anh Do , Clean Energy Finance Activity Manager – USAID Vietnam Urban Energy Security & INVEST

Media

9th December 2021 | 3:00 pm IST | EQ Manazine

Speakers

Tran Van Trung, Director  – KPMG
Thomas Jakobsen, Managing Director  – Indochina Energy Partners
Milan Koev, CEO  – Hexagon Peak, Solar Energy Consultant
Prashant Choubey, Senior Executive Vice President  – Avaada Energy  (MODERATOR)
Vinod Kumar,  Senior Manager- Renewable  – Ernst & Young Services Private Limited
Duc Hoang Nguyen, Business Development Manager  – Fourth Partner Energy
Nguyen Van Tung, Director  – Nam Thach Han
DANG LUU NGO, Chairman & CEO  – ANH MINH GLOBAL SOLAR COMPANY

16th – 19th November, 2021 | Future Energy Show – Terrapin 

Speakers

Reynaldo Casas, Board Director, Confederation of Solar Developers of the Philippines (CSDP)
Edwin Almario, Sr Project Manager, Cleantech Global Renewables
Thanawat Keereepart, RE Policy Expert/Task Lead, Abt Associates / USAID Clean Power Asia
Atty. Angela Consuelo Ibay, Head, Climate & Energy Programme, WWF-Philippines
RUTH P. BRIONES, Chairman & CEO, Greenergy Solutions Inc.
Daniel Mallo, MD & Head of Asia Pacific Energy, Societe Generale Corporate & Investment Banking
Milan Koev, Co-Founder & CEO, Hexagon Peak, Solar Industry Consultant
Aldren B. Samson, Group COO, Imperial Homes Corporation

The Future Energy Show Philippines will take place back-to-back with The Future Energy Show Vietnam creating a 4-day mega event on the future of energy in two of Southeast Asia’s most exciting energy economies over 16-19 November.

About the Event

APAC Solar Energy Digital Event 2020, with the second subject centering around Vietnam market, will combine with Sponsor showcase, Webinar session and 1-to-1 Match-Making Online creating a one-stop business matching platform for all industry players to share knowledge, expand business contacts and get rid of the Covid-19 travel restricts.

Unlike a typical webcast or virtual event, APAC Solar Energy Digital Event 2020 is an all-in-one online event platform optimized for connecting, for learning, knowledge sharing, networking and engaging with all industry players. From a sponsor/exhibitor showcase to one-to-one meetings with other attendees based on your profile, the platform will provide the chance to build your global network and find potential clients without having to leave your home or office.

Panel Discussion: Transformation and Sustainability: Risks and Rewards, Opportunities and Challenges for the Era of Vietnam Solar 2.0

Speakers

Moderator:
– Dr. Minh K L., Research Analyst, Rystad Energy
Panelists:
– Milan Koev, Founder and Chief Executive Officer, Hexagon Peak, Clean Energy Consultant
– Long Tran, Sales Director, Shire Oak International
– Tran Nguyen Hung (Dennis Tran), Project Developer, Scatec Solar
– Todd Li, Sales Director of ROA, APAC, Trina Solar Asia Pacific

 Agenda

 October 20th 

28th – 29th October, 2020 | SMX Convention Center – Manila Philippines | Future Energy Asia

About the Event

The Solar Show Philippines is the world’s largest energy event show. The event is a strategic conference and covers the market developments of the solar industry. The event involves more than 200 speakers, 5000 attendees, and 250 exhibitors. And Meet and partner with the utilities, power producers, investors, developers, large energy users, government bodies and key industry stakeholders in the Philippines. The Solar Show Philippines is co-located with our The Future Energy Show Philippines 2020, which is taking place on 28-29 October 2020 at SMX Convention Center Manila. This event is FREE to attend.

About the Event

– Solar policy/regulations and development in Vietnam Circular18 Updates), and how the market is likely to evolve in the next five years?
– What’s high-power module, and Vietnam market impacts of high-power modules?
– How high-power module affects the gross project investment, future economic development, and others?
– Entering the 600W+ era, and what’s inside the Vertex module?
– Technology innovation and solutions applied in solar power development, and the implication on Vietnam market.
– Future ready with SMA inverter solutions.

Speakers

Cheong Boon Lim, Head of Product and Marketing, APAC, Trina Solar Asia Pacific
Milan Koev, Founder and CEO, Hexagon Peak, Solar Systems Cosnultant
Dave Seibert, Senior Advisor and Deputy Head of the Regional Energy, Mining, and Infrastructure Practice Group, DFDL
Priyamvada Pandit, Technical Sales Support Manager, SMA Solar Technology AG