Solar power getting more cost-competitive in Asean

Singapore

RENEWABLE energy sources can be just as - or even more - cost-competitive than conventionally generated power in South-east Asia, a study by the Asean-German Energy Programme has found.

"With a few years of development, solar PV (photo-voltaic) could potentially compete with conventional energy sources, especially if it was assumed that the prices of the conventional forms of energy will steadily increase," the Asean Centre for Energy said in a report.