The next few years may be a watershed for renewable energy (RE)
In the ASEAN region. Although South-
East Asia is considered to be backward in terms of redeployment, and it can be said that the region is the greatest potential for sustainable development
Lies from energy.
The conditions for developing renewable energy here, especially solar energy, are no better.
Throughout the year, we have enough sunlight and heat to meet global needs;
In other words, solar radiation can meet our energy needs of 4,000 times, according to Matt Tan, president of Mattan Engineering Group.
According to the International Renewable Energy Agency, Malaysia's solar power generation capacity in ASEAN is 362 MW (megawatts)
Before the end of 2017
To put it simply, if Malaysia, which has 2% renewable energy, ranks third in the region, it means that companies like Mattan still have a lot of untapped potential to develop.
Tan acknowledged that for many countries in the region, the cost of re-generation has fallen, and some have even fallen to the level of traditional energy generation costs, or even lower.
"We hope to enter the rare earth market in Cambodia, the Philippines, Indonesia and Vietnam next year.
Many countries in the region have taken the first step in developing a suitable regulatory framework for RE projects to attract investors, "Tan said.
According to the protesters Association, the rare earth industry in the South
Over the years, installed capacity in East Asia has increased from 38 to now.
4GW reached 62 in 2011.
9GW in 2017, representing an increase of 8. 6%.
"The energy situation throughout the region is diverse, mainly due to different economic, political and cultural differences.
The scale and model of energy use and energy resources in the region also varies from country to country . "
Apart from Singapore, Brunei and Thailand, hydropower has the highest installed capacity in all the South, the research firm noted.
East Asian countries.
In 2017, about 78% of the installed capacity in the region came from hydropower.
Bio-Energy, consisting of biomass and biogas, accounted for the second largest share, reaching 11.
Solar energy accounts for 6% of the total installed capacity in the region, and solar energy accounts for 6. 7% share.
From now until 2025, growth in the region will mainly come from Cambodia, Indonesia, Laos and Vietnam, Tan said.
"Unlike Malaysia, these countries have a shortage of energy, which means that new power plants need to be deployed immediately," he said . ".
As of 2017, Protege noted that Thailand has the largest production capacity of 10 tons of rare earth.
7 GW, including 36% of bio-energy.
Thailand will achieve 17.
As of 2025, the capacity of rare earth, including bio-energy, was 5GW (5. 7GW), hydropower (3. 8GW), solar PV (6. 2GW)
Wind energy (1. 8GW)
"While it is certain that solar energy-like wind energy-is intermittent and depends directly on the weather and the day --
Night cycle, the rapid development of power storage technology is reducing this dependence and will lead to an increase in the share of solar energy in the energy system, "Tan said, given that solar currently contributes up to 70% of the company's orders, this will benefit Mattan.
Tan said another advantage of energy from the Sun is that it can create local wealth by reducing its energy dependence on foreign energy sources.
"Looking ahead, more efforts are expected to be made to promote the rare earth sector in order to achieve a region --
By 2025, the wide RE capacity including 55GW solar photovoltaic capacity was gw.
"ASEAN re-planning was launched in January 2017, outlining the objectives of each Member State's re-planning capacity by 2025 and the prospects for 2030.
"Member States are committed to achieving this by strengthening efforts to promote growth in the rare earth industry," the protesters reported . ".
According to ASEAN's re-planning, Malaysia aims to achieve 18 goals.
As of 2025, the capacity of rare earth, including bio-energy, was 3GW (3. 8GW), geothermal (0. 1GW), hydropower (8. 5GW), solar PV (5. 8GW)
Wind energy (0. 1GW).