Under the Same Sun: A Cross Country Comparison of Conditions and Policy Supports for Utility Scale Solar Photovoltaic Projects

Catatan: Publikasi Ini dalam Bahasa Inggris

Utility scale solar generation costs have declined rapidly in recent years One of the important drivers is the fall of solar module prices in the last ten years. The module prices, however, are not the only factor that sparks investments in small scale and utility scale solar power plants globally. Our observation finds that governments play an important role to make solar PV more competitive than fossil fuels by setting up national solar targets, providing supporting policy and derisking instruments, incentivising supply chain, building supporting infrastructure, and putting suitable procurement systems (e.g. auction). The solar PV deployment, therefore, depends on the effectiveness of government policy, regulations, and incentives to address various risks associated with the projects and to expedite the learning curve for solar technologies in the country, making solar power project cheaper over time.