What is Myanmar's Solar power potential?

Myanmar’s solar power potential is estimated to total around 35 gigawatts-peak (GWp). “So far, less than 1% has been installed so there is huge solar potential,” they highlighted. Very good solar potential exists in the central lowlands of Myanmar, where demand is the highest, they added.

Is solar energy gaining traction in Myanmar?

Solar energy is just beginning to gain some traction in Myanmar, a country that has been gradually opening up its economy and society to the world since 2011.

Can solar power help a disadvantaged population in Myanmar?

“Moreover, solar can help ensure a just energy transition for citizens affected by energy poverty...Furthermore, 75–85% of Myanmar’s population of lives within a 25–50-kilometer radius of high voltage power lines, which makes for ideal locations to develop medium- and large-scale solar projects,” they noted.

Is Myanmar a good country for generating electricity?

Renewable energy, in the form of large-scale hydroelectric power, already accounts for around 60%, the single largest share, of Myanmar’s electricity generation mix. The country also has an abundance of natural gas, an important export and the source of hard, foreign currency export revenues, as well as domestic power generation.

Where is Myanmar's first solar power plant located?

Myanmar's first solar power plant is located in Minbu, Magway Division. The plant produced 40 megawatts (MW) of electricity in its first phase of operations and will produce 170 MW once fully operational.

How much electricity does Myanmar produce?

Myanmar is able to produce between 2.9 gigawatts (GW) and 3.1 GW of electricity, according to media sources. Recent estimates by the World Bank forecast energy consumption in Myanmar would grow at an average 11% rate out to 2030. The World Bank also forecast that peak electricity demand would rise to 8.6 GW by 2025 and 12.6 GW by 2030.