A Rising New Star - Solar Market in ASEAN

The economy of Southeast Asia has been developing rapidly, which has been increasing the demand for electricity. In 2016, Indonesia had the highest total electricity consumption by 225.91TWh, and Cambodia had the lowest total energy consumption in Southeast Asia by 6.24TWh. Additionally, national and international investors are interested in investing in the solar PV market in Southeast Asia because of abundant solar illumination. In this report, the current situation of Southeast Asia’s solar power market will be discussed. Secondarily we will talk about more details in four specific countries. Last but not least, this report will show new opportunities for solar PV.