Does Myanmar have a potential for solar energy?

“Myanmar has an incredible potential for solar energy, but the government still has a lot of work to do to unleash the potential and to attract foreign direct investments into Myanmar´s solar industry,” noted Stefano Mantellassi, Chair of the SolarPower Europe Emerging Markets Taskforce.

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.

Who commissioned Myanmar's first commercial solar power plant?

State Counselor Aung San Suu Kyi in June 2018 officially commissioned the first, 50-MWdc/40-MWac, phase of Myanmar’s inaugural commercial solar power facility, the 220-MWdc/170-MWac, US$297 million Minbu Solar Power Plant.

Is lighting Myanmar a key element of Myanmar's universal electrification initiative?

Lighting Myanmar, a program led by the International Finance Corporation (IFC), is a key element of Myanmar’s universal electrification initiative, SolarPower Europe’s Myanmar research team pointed out.