Does Laos have a solar sector?

The news is also a positive development for the Laos solar sector. Last year, the country began construction on its first large-scale solar farm, a 50MW project in the south-east province of Attapeu, and the government has already made plans to expand its solar sector further.

Where are solar panels made?

Southeast Asia is a solar PV manufacturing hub with 2 per cent – 3 per cent of the world’s polysilicon and wafer capacity and 9 per cent–10 per cent of the world’s cells and modules capacity. Production is concentrated in four countries: Cambodia, the Lao People’s Democratic Republic (Lao PDR), Thailand, and Viet Nam.

Is Laos a good country to invest in solar?

The government aims to increase the contribution of renewables to 11% by 2025, and while SolarSpace did not specify where its Laos-made modules would be shipped, the presence of a major manufacturing facility in the country is an important step in demonstrating the viability of Laos as a country capable of significant solar investment.

Why is solar PV and battery manufacturing important?

Scaling solar PV and battery manufacturing has the potential to create significant economic and social value for the region. Investment in a manufacturing industry adds to its gross domestic product (GDP) and creates jobs during both its construction phase (i.e., facility development and expansion) and operation phase.