Page 12 - AsiaElec Week 19 2021

AsiaElec NEWS IN BRIEF AsiaElec

1 Prestigious Module PV

Brand in Vietnam with over

2.5GW supplied in 2020

JinkoSolar Holding Co., Ltd. has been
awarded Top 1 Prestigious Module PV Brand
in Vietnamese Market 2020 voting jointly
organised by the National Steering Committee
for electricity Development of Vietnam, the
Ministry of Industry and Trade (MOIT), and
financing Vietnam Energy Magazine.
According to the 2020 Vietnam Module
The Asian Development Bank (ADB) Shipments Market Report jointly published
announced that it would not finance coal HYDROGEN by MOIT and Vietnam Energy Online, the
mining or oil and natural gas activities in total installed capacity for Vietnam was
the future, as a result of a draft energy policy Linde, Keppel and others around 13.4GW for 2020. JinkoSolar was the
supporting low carbon transition in Asia and top manufacturer with over 2.5GW of solar
the Pacific. to study hydrogen supply modules supplied to the Vietnamese market,
The Philippines-based bank noted that making up more than 18% market share for
there had been “profound changes in the chain in Singapore the overall market and 36.8% for the utility
energy landscape” since it last updated energy market in 2020.
policy in 2009, the latter being “no longer Linde Gas Singapore Pte has said it joined Vietnam ranked third in the newly
adequately aligned with the global consensus four other industry partners to explore the installed solar power capacity in the world,
on climate change”. development of infrastructure to supply right after China and the United States,
The ADB hopes to support new hydrogen to power data centres owned by respectively. The demand for PV modules in
job creation in cooperation with local Keppel Corp’s unit in the city state, Reuters Vietnam has also been gradually ramped up
communities and stakeholders through reported. towards monocrystalline and large silicon
enabling coal’s exit from the continent. The project is aimed at supplying green wafers. Higher power generation, higher
To this end, the multilateral development hydrogen produced from water and renewable conversion efficiency and large size design
bank did not reveal a timeline but it did detail energy to data centres which consume large are all important factors to consider for
conditions under which fossil fuel projects amounts of electricity. Singapore has recently customers with rooftop PV installations. Last
would continue to receive funding, such as slowed down the development of data year, JinkoSolar launched its ultra-efficient
where no other cost effective technology was centres, partly due to concerns over their high Tiger Pro modules targeted for distributed
available. consumption of energy and water. generation market. With lower LCOE and
Asia’s major economies have been shifting Linde signed the Memorandum of long-term reliability under all-weather
reliance away from coal towards more Understanding (MOU) with Keppel Data conditions, the Tiger Pro series have become
sustainable options. South Korea has vowed Centres Holdings Pte Ltd, Kawasaki Heavy the top choice for rooftop installations in
to end overseas financing for coal-fired power Industries Ltd, Mitsui O.S.K. Lines Ltd Vietnam, leveraging on its ultra-high module
plants. Japan cancelled the last coal plant in its and Vopak LNG Holding B.V to study the power, high conversion efficiency and user-
pre-construction list. technical and commercial viability of a friendly module size.
China has committed to peaking its coal liquefied hydrogen supply chain. Gener Miao, CMO of JinkoSolar Co.,
consumption by 2025, before gradually This includes the feasibility of having Ltd., commented: “Vietnam is one of the
phasing out its coal dependence. However, it a production and liquefaction plant and fastest-growing economies in Asia Pacific,
is also partnering with Pakistan currently for export terminal at the exporting country, JinkoSolar’s No. 1 position in the market
building China Pakistan Economic Corridor transportation via ocean-going tankers, as reflects our excellence in product quality,
(CPEC)- a collection of infrastructural well as an import terminal, storage units and strong network and customer service in the
projects, under which the bulk of new energy regasification facilities in Singapore, Linde region. JinkoSolar will continue to promote
generation capacity will come from coal-based said in a statement. clean energy transformation and bring more
plants. The study is expected to continue until value to our customers with industry-leading
The latest step by the ADB is in line with the end of 2021, Linde said. The partners technology, superior product quality, and
Asian countries’ efforts to end carbon reliance will then decide on the next phase of their excellent customer service. We are pleased
and it comes after green groups had urged collaboration. to see more innovative enterprises being
the bank earlier this week to end loans to recognised by top authorities in Vietnam, as
the entire fossil fuels sector. Tim Buckley, the country continues to advocate for clean
director of the Institute for Energy Economics energy transformation and to drive the high-
and Finance Analysis (IEEFA), welcomed SOL AR speed economic development of Vietnam’s PV
the policy as “a step in the right direction” market.”
following “a phenomenal momentum” JinkoSolar Awarded Top
towards accelerating the energy transition
across Asia in recent months.

P12 www. NEWSBASE .com Week 19 12•May•2021