Eenovance Myanmar Energy Storage Seminar Concluded
Eenovance and Myanmar GU Group concluded the Energy Storage Development Seminar in Yangon on April 25, 2025, establishing a strategic partnership to accelerate
The National Electrification Plan (NEP) set a goal of 100% electricity access by 2030, heavily depending on renewable energy. The Myanmar Energy Master Plan from 2015 proposed a mix dominated by hydropower (57%) and coal (30%), with only 5% from wind and solar. Later targets aimed for 8% wind and solar by 2021, and 12% by 2025.
Myanmar's plans to expand its renewable energy sector, focusing on solar and hydropower to boost energy security and support rural development, are being hindered by severe challenges. Since the 2021 military coup, the country has faced an ongoing energy crisis, including electricity shortages, frequent blackouts, and a decline in power generation.
The Energy Sector has great potential for further regional collaboration. If Myanmar is able to enhance renewable energy production beyond local uptake, it could export energy to a number of neighboring ASEAN and other Asian countries through the use of „smart‟ regional grids.
Overall, Myanmar's energy sector faces challenges due to political instability, security risks, and environmental concerns, making its ambitious renewable goals difficult to achieve. Myanmar's National Electrification Plan (NEP) aimed to provide universal electricity access by 2030, with a strong focus on off-grid solutions for remote rural areas.
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