In April, Myanmar-based Yoma Micro Power, founded in 2015, raised $28 million made up of equity and debt financing. A push for cell tower deployment requires remote microgrids to power the towers, which in turn act as anchor clients.
#Power to the people locations drivers#
The need for increased mobile phone connectivity, which was at 10% coverage in 2014, has been one of the key drivers for remote microgrid deployment. The government is prioritizing the provision of electrical infrastructure and has opened up foreign companies’ participation, allowing up to 100% ownership on any remote microgrid project.
Out of all the countries in Southeast Asia, Myanmar has the highest percentage (60%) of communities without access to electricity. Whilst some countries such as Thailand, Malaysia, and Vietnam have seen more of a focus on grid extension, other countries are looking to remote microgrids as a key solution: Myanmar, Indonesia and Philippines. The participant list provides a snapshot of the players who are looking to penetrate the regions markets in the coming years. A consortium of international corporations, as well at the Nanyang Technological University, have partnered together to test and demonstrate a range of solutions suitable for deployment in Southeast Asia. The multi-million microgrid effort is expected to facilitate the development and market penetration of the energy technologies, recognizing that remote microgrids will increasingly become key to addressing the need for better and more affordable energy access. The Singapore-based Renewable Energy Integration Demonstrator ( REIDS) is aiming to improve quality by bringing more affordable access to energy across Southeast Asia. Global Climate Scope expects Southeast Asia to spend $14 billion to reach universal electricity access by 2030, with 75% of off-grid population mostly served through remote microgrid systems. For locations served by the grid, total daily supply rarely surpasses 18 hours. In countries such as Indonesia and Philippines, it is a major challenge to provide electricity to communities living on remote islands, and geographical factors make it difficult to connect macro-grids. Of the 625 million people living in Southeast Asia, about 125 million lack of access to stable electricity. One of the regions that has transformed in the past years is Southeast Asia, which has one of the highest volume of yearly power outages. Active partners of the REIDS microgrid project. Microgrids can help to provide electrification, as well as stability and resiliency to these areas, ultimately helping to pull a large portion of society out of energy poverty. Asia, Geographical Insights, Sector Insights, Smart Grid | 26 July 2018 Power to the People: Remote Microgrids Across Southeast AsiaĪcross the world around 1.3 billion people still have no access to electricity, and 87% of these people live in rural areas where extension of the grid is impracticable.
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