Cost of Grid-Connected Containerized Photovoltaic Systems for Southeast Asian Islands

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How much does solar PV cost in ASEAN?

The LCOE for wind and solar PV varies significantly across the ASEAN member states. The existence of high-quality wind and solar energy resources plays a significant role in the estimated cost per unit of generation. Solar PV and wind LCOEs range from $64 to $246 USD/MWh and from $42 to $221 USD/MWh, respectively, across the region.

Will China achieve grid parity of solar PV systems?

In other words, within the next decade, grid parity of solar PV systems in China is forecasted to be achieved. This provides policymakers with the information to better plan the best time that cancels the subsidies and allows the market to determine the competitiveness of PV.

Do utility-scale grid-tied solar PV projects have data?

Data related to utility-scale grid-tied solar PV projects were not publicly available. Most previous research is based on off-grid solar PV systems. Extracting data from off-grid systems would not be prudent since these are smaller capacity systems and the cost of technology reduces with economies of scale.

Is there potential for land-based solar PV development in ASEAN member states?

The results of this analysis show there is abundant potential for utility-scale, land-based wind and solar PV development in the ASEAN member states at a range of generation costs.

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Cost of Grid-Connected Containerized Photovoltaic Systems for Southeast Asian Islands

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