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					</table>In a significant move aimed at protecting the burgeoning U.S. solar manufacturing sector, the <a href="https://americansolartradecmte.org/">American Alliance for Solar Manufacturing Trade Committee</a> has filed anti-dumping and countervailing duty petitions against solar imports from select Southeast Asian countries.
The petitions, lodged with the U.S. International Trade Commission (<a href="https://www.usitc.gov/" target="_blank" rel="noopener">USITC</a>) and the <a href="https://www.commerce.gov/" target="_blank" rel="noopener">U.S. Department of Commerce</a>, target alleged illegal trade practices in Cambodia, Malaysia, Thailand, and Vietnam, which are believed to be detrimental to the American solar industry.
The petitioners—<a href="https://convalt.com/" target="_blank" rel="noopener">Convalt Energy</a>, <a href="https://www.firstsolar.com/" target="_blank" rel="noopener">First Solar</a>, <a href="https://www.meyerburger.com/en-us/" target="_blank" rel="noopener">Meyer Burger</a>, <a href="https://missionsolar.com/" target="_blank" rel="noopener">Mission Solar</a>, <a href="https://us.qcells.com/" target="_blank" rel="noopener">Qcells</a>, <a href="https://recsilicon.com/" target="_blank" rel="noopener">REC Silicon</a>, and <a href="https://www.swiftsolar.com/" target="_blank" rel="noopener">Swift Solar</a>—assert that these Southeast Asian countries, under the influence of Chinese industrial policy, are engaging in practices that undermine U.S. manufacturers by flooding the market with low-cost solar modules.
This has resulted in what the industry describes as a historic glut of solar modules in the U.S., with imports in 2023 outstripping installations by over 25 GW and prices plummeting by more than 50%.
<a href="https://mercomindia.s3.ap-south-1.amazonaws.com/wp-content/uploads/2024/04/US-Solar-Imports-Quantity.png"><img loading="lazy" decoding="async" class="aligncenter wp-image-65592 " style="width: 70%;" src="https://mercomindia.s3.ap-south-1.amazonaws.com/wp-content/uploads/2024/04/US-Solar-Imports-Quantity.png" alt="US Solar Imports Quantity" width="409" height="168" srcset="https://mercomindia.s3.ap-south-1.amazonaws.com/wp-content/uploads/2024/04/US-Solar-Imports-Quantity.png 562w, https://mercomindia.s3.ap-south-1.amazonaws.com/wp-content/uploads/2024/04/US-Solar-Imports-Quantity-300x123.png 300w" sizes="(max-width: 409px) 100vw, 409px" /></a>
<a href="https://mercomindia.s3.ap-south-1.amazonaws.com/wp-content/uploads/2024/04/US-Solar-Imports-Value.png"><img loading="lazy" decoding="async" class="aligncenter wp-image-65593 " style="width: 70%;" src="https://mercomindia.s3.ap-south-1.amazonaws.com/wp-content/uploads/2024/04/US-Solar-Imports-Value.png" alt="US Solar Imports Value" width="401" height="159" srcset="https://mercomindia.s3.ap-south-1.amazonaws.com/wp-content/uploads/2024/04/US-Solar-Imports-Value.png 558w, https://mercomindia.s3.ap-south-1.amazonaws.com/wp-content/uploads/2024/04/US-Solar-Imports-Value-300x119.png 300w" sizes="(max-width: 401px) 100vw, 401px" /></a>
According to the petition, U.S. imports of crystalline silicon cells and modules from March 2023 to February 2024 were primarily from Vietnam (28%), Thailand (24%), Malaysia (14%), and Cambodia (13%), with the rest coming from other countries (20%). The capacity and value of modules from the said countries amount to 47,949,154 kW and $15.85 million.
The petition estimates the dumping margin from Vietnam to be 271%, Cambodia 126%, Malaysia 81%, and Thailand 70%.
<a href="https://mercomindia.s3.ap-south-1.amazonaws.com/wp-content/uploads/2024/04/Estimated-sumping-margins.png"><img loading="lazy" decoding="async" class="aligncenter wp-image-65596 " style="width: 70%;" src="https://mercomindia.s3.ap-south-1.amazonaws.com/wp-content/uploads/2024/04/Estimated-sumping-margins.png" alt="Estimated dumping margins" width="292" height="140" srcset="https://mercomindia.s3.ap-south-1.amazonaws.com/wp-content/uploads/2024/04/Estimated-sumping-margins.png 390w, https://mercomindia.s3.ap-south-1.amazonaws.com/wp-content/uploads/2024/04/Estimated-sumping-margins-300x144.png 300w" sizes="(max-width: 292px) 100vw, 292px" /></a>
The petitioners claim that these Southeast Asian exporters are selling their products in the U.S. at prices below normal value, prompting a request for anti-dumping duties to counteract these low prices. They argue that the high volume of imports has significantly harmed the U.S. solar industry and could cause further damage. They recommend that the Department of Commerce initiate investigations and provide the requested relief.
The petitions follow a U.S. Department of Commerce <a href="https://www.mercomindia.com/us-circumvention-inquiries-solar-products-china">finding</a> last year, which identified that Chinese solar manufacturers were bypassing U.S. tariffs by routing their operations through subject Southeast Asian countries.
Despite a subsequent two-year tariff moratorium intended to allow time for supply chain adjustments, the American Alliance for Solar Manufacturing contends that unfair practices persist unabated.
If the Commerce Department decides to initiate investigations based on these petitions, the process could extend over approximately one year, with preliminary countervailing and anti-dumping duties possibly being imposed within three to six months post-initiation.
The products in question include crystalline silicon photovoltaic cells and modules, with the petitioners arguing for duties sufficient to counteract the unfairly low pricing and subsidies reported. The legal arguments hinge on the substantial market share controlled by Chinese-owned companies, which is asserted to exceed 80% globally.
The next steps involve the Commerce Department determining whether to initiate the investigations within 20 days of this filing, followed by a USITC preliminary determination of material injury or threat thereof within 45 days. Final dumping, subsidization, and injury determinations are expected by spring 2025.
This legal action marks a critical point for the U.S. in defining its stance on international trade practices in renewable energy sectors, particularly as it seeks to secure a robust, self-reliant supply chain for clean energy technologies. It also reflects broader geopolitical tensions around trade and technology transfer between the U.S. and China.
According to the investment banking firm ROTH Capital Partners, Indian solar exports could <a href="https://www.mercomindia.com/us-anti-dumping-duties-indian-solar-module-exports" target="_blank" rel="noopener">become</a> a target for the anti-dumping and countervailing duty petitions if the manufacturers consider the volume of exports from India significant enough for them to seek relief under this regime.

US Solar Manufacturers File Trade Petition Against Solar Imports From Southeast Asia

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					</table>India&#8217;s solar exports success story could run into trouble if the U.S. entertains petitions from domestic manufacturers to impose anti-dumping (AD) and countervailing duties (CVD) on module imports.
While the four Southeast Asian countries of Malaysia, Vietnam, Thailand, and Cambodia are more likely the focus for the AD/CVD petitions from U.S. manufacturers, there is a possibility that Indian exports could also be covered, according to investment banking firm <a href="https://www.roth.com/" target="_blank" rel="noopener">ROTH Capital Partners</a>.
&#8220;One new regulation may allow current anti-dumping tariffs to be increased, while another may open the door to go after third government subsidies, i.e., Chinese subsidies such as &#8220;Belt and Road&#8221; that may support one of these Southeast Asian countries,&#8221; ROTH said in a report earlier this month. The petitioners could also consider bracketing India with these countries.
The import tariff moratorium is due to end in June this year. After imposing import duties on Chinese solar modules, the U.S. Department of Commerce <a href="https://www.mercomindia.com/us-circumvention-inquiries-solar-products-china" target="_blank" rel="noopener">clarified</a> the scope of the anti-circumvention probe last August, allowing the import of solar modules made outside of Southeast Asia.
Indian solar exports have surged in the last couple of years, benefitting from restrictions on Chinese imports. According to recent Ministry of Commerce data, Indian solar exports <a href="https://www.mercomindia.com/indian-solar-exports-grow-227-2023-imports-up-89" target="_blank" rel="noopener">rose</a> 227% to $1.8 billion (~₹152.6 billion) in 2023 from $561 million (~₹46.4 billion) in 2022.
The U.S. was the top buyer of Indian solar cells and modules, accounting for 97.3% of the exports in 2023.
U.S. solar imports nearly <a href="https://www.mercomindia.com/us-solar-module-imports-surge-to-50gw" target="_blank" rel="noopener">doubled</a> in 2023, with about 50 GW of modules making their way to the solar market. Southeast Asia accounted for 78% of the U.S. photovoltaic module imports.
If AD/CVD tariffs are applied to Indian exports, local manufacturers could feel the heat and lose their cost arbitrage if they have to factor in these tariffs.
The question, however, is whether U.S. manufacturers consider the volume of exports from India significant enough for them to seek relief under the AD/CVD regime.
Raj Prabhu, CEO of Mercom Capital, commented, &#8220;Indian manufacturers cannot take the U.S. market for granted, and companies need to have alternative strategies if such a scenario plays out. In the end, the goal is similar for India and the U.S.; both countries want to protect and build their domestic clean energy manufacturing capabilities and supply chain instead of depending on imports.&#8221;
Last month, talking about Indian solar manufacturing, Prabhu had said a policy change in the U.S. post-elections could potentially affect export opportunities for Indian manufacturers.
According to Prabhu, the crash in solar module prices and the overcapacity situation in China have led to some U.S. manufacturing projects being canceled and many getting into a wait-and-see mode. &#8220;The Biden administration wants to see the Inflation Reduction Act, a signature accomplishment, succeed at any cost. To build a clean energy manufacturing base, the U.S. administration is willing to do what it takes in terms of tariffs or other means to protect domestic manufacturers and investments. In an election year, both candidates want to show they are tougher than the other when it comes to China, trade, and tariffs.&#8221;
According to a Reuters report, the U.S. government may allow a request by South Korea&#8217;s Hanwha QCells to reverse a two-year-old trade exemption that has allowed imports of bifacial solar panels from China and other countries to avoid tariffs.
QCells is heavily invested in solar manufacturing expansion in the U.S. Last October, it <a href="https://www.mercomindia.com/qcells-north-solar-module-facility-to-5-1-gw" target="_blank" rel="noopener">added</a> 2 GW of new capacity at its solar panel manufacturing facility in Dalton, Georgia, bringing the factory&#8217;s total output to over 5.1 GW.
The Solar Energy Manufacturers For America Coalition believes 90% of solar panel imports constitute bifacial modules.

Threat of US Anti-Dumping Duties on Indian Solar Module Exports

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					</table>Indian solar exports rose 227% year-over-year (YoY) to $1.8 billion (~₹152.6 billion) in CY 2023 from $561 million (~₹46.4 billion), according to recent data published by the <a href="https://commerce.gov.in/" target="_blank" rel="noopener">Department of Commerce</a>.
Solar photovoltaic modules accounted for 97.4% of the annual solar exports, while solar cells accounted for the remaining 2.6%.
The U.S. was the top buyer of Indian solar cells and modules, accounting for 97.3% of the exports in 2023. After imposing the anti-dumping and anti-circumvention duties on Chinese solar modules, the U.S. Department of Commerce <a href="https://www.mercomindia.com/us-circumvention-inquiries-solar-products-china" target="_blank" rel="noopener">clarified</a> the scope of the anti-circumvention probe, allowing the import of solar modules made outside of Southeast Asia. These duties and clarifications have enabled Indian solar manufacturers to increase module shipments to the U.S.
<img loading="lazy" decoding="async" class="aligncenter wp-image-63725" src="https://mercomindia.s3.ap-south-1.amazonaws.com/wp-content/uploads/2024/02/EXIM-CY-2023.png" alt="EXIM CY 2023" width="600" height="344" srcset="https://mercomindia.s3.ap-south-1.amazonaws.com/wp-content/uploads/2024/02/EXIM-CY-2023.png 2219w, https://mercomindia.s3.ap-south-1.amazonaws.com/wp-content/uploads/2024/02/EXIM-CY-2023-300x172.png 300w, https://mercomindia.s3.ap-south-1.amazonaws.com/wp-content/uploads/2024/02/EXIM-CY-2023-2000x1146.png 2000w, https://mercomindia.s3.ap-south-1.amazonaws.com/wp-content/uploads/2024/02/EXIM-CY-2023-768x440.png 768w, https://mercomindia.s3.ap-south-1.amazonaws.com/wp-content/uploads/2024/02/EXIM-CY-2023-1536x880.png 1536w, https://mercomindia.s3.ap-south-1.amazonaws.com/wp-content/uploads/2024/02/EXIM-CY-2023-2048x1174.png 2048w, https://mercomindia.s3.ap-south-1.amazonaws.com/wp-content/uploads/2024/02/EXIM-CY-2023-650x373.png 650w, https://mercomindia.s3.ap-south-1.amazonaws.com/wp-content/uploads/2024/02/EXIM-CY-2023-624x358.png 624w, https://mercomindia.s3.ap-south-1.amazonaws.com/wp-content/uploads/2024/02/EXIM-CY-2023-600x344.png 600w" sizes="(max-width: 600px) 100vw, 600px" />
Solar Imports in 2023
India imported $5 billion (~₹416.8 billion) worth of solar cells and modules in 2023, the highest in a year. The imports rose 89.3% from $2.6 billion (~₹218.5 billion) in 2022.
Solar modules accounted for 60.7% of the annual solar imports, while solar cells accounted for the remaining 39.3%.
The primary reasons for the surge in imports include the Ministry of New and Renewable Energy&#8217;s suspension of the ALMM order for projects commissioned until March 2024, lower module costs, and the planned commissioning of a large pipeline of solar projects in the first quarter of 2024.
China was the largest supplier of solar photovoltaic products to India, accounting for 58% of the total imports, followed by Vietnam (16.6%) and Malaysia (11.7%). Thailand, Hong Kong, and Cambodia were the other major suppliers, accounting for 5.6%, 3.5%, and 3.1% of the total imports, respectively.
<img loading="lazy" decoding="async" class="aligncenter wp-image-63726" src="https://mercomindia.s3.ap-south-1.amazonaws.com/wp-content/uploads/2024/02/EXIM-Q4-2023.png" alt="EXIM Q4 2023" width="600" height="378" srcset="https://mercomindia.s3.ap-south-1.amazonaws.com/wp-content/uploads/2024/02/EXIM-Q4-2023.png 2139w, https://mercomindia.s3.ap-south-1.amazonaws.com/wp-content/uploads/2024/02/EXIM-Q4-2023-300x189.png 300w, https://mercomindia.s3.ap-south-1.amazonaws.com/wp-content/uploads/2024/02/EXIM-Q4-2023-2000x1260.png 2000w, https://mercomindia.s3.ap-south-1.amazonaws.com/wp-content/uploads/2024/02/EXIM-Q4-2023-768x484.png 768w, https://mercomindia.s3.ap-south-1.amazonaws.com/wp-content/uploads/2024/02/EXIM-Q4-2023-1536x968.png 1536w, https://mercomindia.s3.ap-south-1.amazonaws.com/wp-content/uploads/2024/02/EXIM-Q4-2023-2048x1291.png 2048w, https://mercomindia.s3.ap-south-1.amazonaws.com/wp-content/uploads/2024/02/EXIM-Q4-2023-650x410.png 650w, https://mercomindia.s3.ap-south-1.amazonaws.com/wp-content/uploads/2024/02/EXIM-Q4-2023-624x393.png 624w, https://mercomindia.s3.ap-south-1.amazonaws.com/wp-content/uploads/2024/02/EXIM-Q4-2023-600x378.png 600w" sizes="(max-width: 600px) 100vw, 600px" />
Solar Exports in Q4 2023
In the fourth quarter (Q4) of 2023, Indian solar exports fell 35.7% to $349.4 million (~₹29.1 billion) from $543.8 million (~₹45.5 billion) in Q3 2023. Exports were down 5.8% YoY from $371 million (~₹30.4 billion).
The U.S. remained the top export destination in Q4 2023, accounting for 93.5% of the overall export value. However, Indian solar shipments to the U.S. saw a 38.2% QoQ decline.
Solar Imports in Q4 2023
Solar cells and modules amounting to over $2 billion (~₹171 billion) were imported in Q4 2023, a QoQ increase of 69.1% from $1.2 billion (~₹101.6 billion). Imports were up 383.3% YoY from $425 million (~₹34.9 billion).
Solar cells accounted for 20.9% of the quarter&#8217;s imports compared to 40.8% in Q3 2023, whereas solar modules&#8217; import share increased to 79.1% from 59.2% in the previous quarter.
The MNRE allowed developers to procure solar modules from manufacturers not included in ALMM until March 31, 2024. As the deadline approached, developers accelerated their cell and module procurement to complete their projects on time.
In Q4 2023, China accounted for 69% of India&#8217;s solar imports compared to 50.2% in Q3. Imports from China totaled $1.4 billion (~₹116.9 billion), a 55.2% QoQ growth.
For an in-depth look at the data, analysis, and charts, subscribe to our quarterly market report – <a href="https://www.mercomindia.com/product/q4-2023-india-solar-market-update" target="_blank" rel="noopener">Mercom India Solar Update</a>.
Detailed solar import and export data by component types, suppliers, manufacturers, and developers are available in Mercom&#8217;s <a href="https://www.mercomindia.com/product/india-solar-export-import-tracker" target="_blank" rel="noopener">India Solar Exim Tracker</a>.

Indian Solar Exports Grow 227% YoY in 2023, Imports up 89%

<a href="https://www.bgrimmpower.com/en" target="_blank" rel="noopener noreferrer">B.Grimm Power Public Company Limited</a> has announced that its wholly-owned subsidiary, B.Grimm Solar Power 1 Company Limited, has completed the acquisition of Ray Power Supply Company Limited.
In a filing to the Stock Exchange of Thailand, the company has announced that the deal now been granted approval from the relevant authorities in Cambodia. B.Grimm is one of the oldest and largest infrastructure developers in Thailand.
In a letter dated November 18, 2019, the company had announced that B.Grimm Solar had entered into a share purchase agreement to acquire all the shares of Ray Power.
Cambodia is grappling with an ever-increasing demand for electricity. Despite having an abundance of solar radiation, Cambodia is lagging in the generation of power from renewable sources, and the country has a solar generation capacity of only 10 MW.
This latest announcement comes in the wake of the company’s investment in a ground-mounted solar project being developed in Serie Saophoan, Banteay Meanchey Province of Cambodia.
In 2018, the Asian Development Bank (<a href="https://adb.org/" target="_blank" rel="noopener noreferrer">ADB</a> ) had <a href="https://mercomindia.com/adb-invest-b-grimm-green-bond-thailand-solar/" target="_blank" rel="noopener noreferrer">announced that it would invest</a> 5 billion Thai baht ($155 million) in B.Grimm Power through 5-year and 7-year green bonds. These green bonds were the first certified climate bonds to be issued in Thailand. The proceeds from the bond were to help finance renewable energy projects in Thailand. The proceeds were to be reserved for nine operational solar power projects with a total capacity of 67.7 MW and seven solar projects under construction with a total capacity of 30.8 MW.
In the same year, B.Grimm Power also entered into a power purchase agreement with Electricity of Vietnam for solar projects totaling <a href="https://mercomindia.com/b-grimm-power-80-percent-stake-solar-vietnam/" target="_blank" rel="noopener noreferrer">257 MW</a> in the country. The project is located in Phu Yen Province of Vietnam. B.Grimm Power had acquired an 80% stake in Vietnamese firm Phu Yen TTP Joint Stock Company. Phu Yen TTP, Joint Stock Company, is involved in developing the 257 MW solar PV project.
<a href="https://mercomindia.com/thai-vietnamese-firms-420-mw-solar-project/" target="_blank" rel="noopener noreferrer">In July 2018</a>, B.Grimm Power and Vietnam’s Xuan Cau also signed a development cooperation agreement for the 420 MW solar PV project located in Tay Ninh, south-west of Vietnam.
Image credit: B.Grimm Power

Thailand’s B.Grimm Acquires Ray Power Supply to Develop a Solar Farm in Cambodia

The Asian Development Bank (<a href="https://www.adb.org/" target="_blank" rel="noopener noreferrer">ADB</a>) has approved a $7.64 million loan to support the construction of a 100 MW solar park in Cambodia.
This loan is in support of the ‘National Solar Park Project’ which will help the country develop renewable energy resources, diversify its energy mix, and improve the competitiveness of its economy.
In addition to ADB’s loan, the financing package for the project includes an $11 million loan and a $3 million grant from the Strategic Climate Fund, specifically through the Scaling Up Renewable Energy Program.
Also included in it is a $500,000 technical assistance grant provided by the Republic of Korea e-Asia and Knowledge Partnership Fund to support the capacity development of Electricite du Cambodge (EDC), Cambodia&#8217;s national electricity utility, as well as the Electricity Authority of Cambodia, the national electricity regulator, in solar PV technology and solar park planning.
The project was prepared with the help of grants from the governments of Canada and Singapore. The National Solar Park Project will enable EDC to construct a 100 MW solar power park and other related facilities, including access roads, fencing, and drainage systems, in Kampong Chhnang Province. The project will also build a transmission system connecting to the main grid near Phnom Penh, which will allow the project to supply power to the national grid.
The solar power projects that will be part of the 100 MW solar park will be bid out to independent power producers in two phases, with the first phase aimed at a capacity of 60 MW. ADB’s Office of Public-Private Partnership is working as a transaction advisor to assist EDC to design and conduct an open and competitive bidding process.
“Having reliable, sustainable, and affordable energy sources is crucial for the economic development of a rapidly expanding country such as Cambodia,” said ADB Principal Climate Change Specialist Pradeep Tharakan.
“ADB’s assistance will not only help diversify Cambodia’s energy mix through solar power development but also help the country meet its greenhouse gas emissions reductions target, as per the Paris climate agreement,” added Tharakan.
Despite having an abundance of solar radiation, the current solar generation capacity in the country is only 10 MW. ADB’s studies show that Cambodia can add about 200 MW of solar power to the grid by 2021, using available technology and without disrupting the grid.
In <a href="https://mercomindia.com/cambodia-bids-60-mw-solar-project/" target="_blank" rel="noopener noreferrer">February 2019</a>, <a href="http://www.edc.com.kh/" target="_blank" rel="noopener noreferrer">Electricite du Cambodge</a> invited bids to implement a 60 MW solar project in the country’s Kampong Chhnang province through an international competitive bidding process. The <a href="https://mercomindia.com/hybrid-rooftop-floating-solar-cambodia/" target="_blank" rel="noopener noreferrer">same month</a>, Mercom also reported that Cleantech Solar would develop 10 MW of hybrid floating and rooftop solar power project for Chip Mong Insee Cement Corporation (CMIC) facility at Kampo, Cambodia.
Image credit: Sunseap Group

ADB to Provide $7 Million to Support a 100 MW Solar Park Project in Cambodia

Cleantech Solar will develop a 10 MW of hybrid floating and rooftop solar power project for Chip Mong Insee Cement Corporation (CMIC) facility at Kampo, Cambodia.
Out of 10 MW solar project, 2.8 MW floating solar power project will be built on CMIC’s reservoir, and 7 MW solar project will be installed across multiple rooftops of the cement factory.
The project is expected to generate 297 GWh of clean energy and reduce 197,000 tons of CO2 emissions during its lifetime.
“We are committed to be a trusted company that is both environmentally and socially responsible. Adopting solar is an important step for us to help meet our energy requirements while at the same time reduce our CO2 emissions”, said Meng Leang, Chairman of Chip Mong Insee Cement Corporation.
Raju Shukla, founder of Cleantech Solar said, “In addition to environmental and social benefits, such as cutting emissions and promoting corporate social responsibility, the economic benefits of sourcing renewables will also include cost savings, long-term price stability and security of supply.”
<a href="https://mercomindia.com/cambodia-bids-60-mw-solar-project/" target="_blank" rel="noopener noreferrer">Recently,</a> Mercom has reported that <a href="http://www.edc.com.kh/" target="_blank" rel="noopener noreferrer">Electricite du Cambodge</a> (EDC), an electricity utility in Cambodia has invited bids to implement a 60 MW solar project in the country’s Kampong Chhnang province through an international competitive bidding process. The project will be developed on a build own operate (BOO) basis.
Southeast Asian countries have been actively pursuing solar in recent times.
Recently Mercom <a href="https://mercomindia.com/malaysia-500-mw-solar-tender/" target="_blank" rel="noopener noreferrer">reported</a> on the news of <a href="https://www.st.gov.my/" target="_blank" rel="noopener noreferrer">Suruhanjaya Tenaga</a> (Energy Commission of Malaysia) issuing a 500 MW large-scale solar tender in Peninsular Malaysia.
In July 2018, Mercom <a href="https://mercomindia.com/thai-vietnamese-firms-420-mw-solar-project/" target="_blank" rel="noopener noreferrer">reported</a> on Thailand’s B.Grimm Power and Vietnam’s Xuan Cau signing a development cooperation agreement for a 420 MW solar photovoltaic (PV) project located in Tay Ninh, south-west of Vietnam.
In <a href="https://mercomindia.com/malaysia-ppa-60mw/" target="_blank" rel="noopener noreferrer">April 2018</a>, in an effort to expand the reach of solar power in Malaysia, the country’s leading utility company Tenaga Nasional Berhad (<a href="https://www.tnb.com.my/" target="_blank" rel="noopener noreferrer">TNB</a>) entered into power purchase agreements (PPAs) for 60 MW of grid-connected solar PV projects.

10 MW Hybrid Rooftop and Floating Solar Project to be Developed in Cambodia

<a href="http://www.edc.com.kh/" target="_blank" rel="noopener">Electricite du Cambodge</a> (EDC), an electricity utility in Cambodia has invited bids to implement a 60 MW solar project in the country’s Kampong Chhnang province through an international competitive bidding process. The project will be developed on a build own operate (BOO) basis.
The solar project is expected to support and boost the construction of solar photovoltaic (PV) power projects in Cambodia to help address the country&#8217;s need to expand low-cost power generation and diversify the power generation mix with an increase in the percentage of clean energy.
This project is in the initial phase of a 100 MW capacity solar power park, an associated substation and a transmission interconnection system to supply power to the national grid in the region.
The scope of work for the project includes developing, designing, financing, building, operating and maintaining the 60 MW solar energy project. The EDC will purchase the power generated from the project under a long-term power purchase agreement (PPA) to be executed between EDC and the developer. The ceiling tariff for bids is $0.076/kWh.
Proposals submitted are to be accompanied by an irrevocable and unconditional standby letter of credit or bank guarantee of $500,000 issued by a bank or financial institution licensed to do business in Cambodia.
The last day for submission of bids is May 17, 2019.
Southeast Asian countries have been actively pursuing solar in recent times. In July 2018, Mercom <a href="https://mercomindia.com/thai-vietnamese-firms-420-mw-solar-project/" target="_blank" rel="noopener">reported</a> on Thailand’s B.Grimm Power and Vietnam’s Xuan Cau signing a development cooperation agreement for a 420 MW solar photovoltaic (PV) project located in Tay Ninh, south-west of Vietnam.
Recently Mercom <a href="https://mercomindia.com/malaysia-500-mw-solar-tender/" target="_blank" rel="noopener">reported</a> on the news of <a href="https://www.st.gov.my/" target="_blank" rel="noopener">Suruhanjaya Tenaga</a> (Energy Commission of Malaysia) issuing a 500 MW large-scale solar tender in Peninsular Malaysia.
Image credit: Solar Green Energy (Cambodia) Co., Ltd

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