In April 2019, the Ministry of Rural Development of Myanmar and the Italian government successfully signed a contract for solar photovoltaic projects for households and public facilities. The solar power project will benefit about 480,000 rural people in Myanmar’s Chin State and surrounding areas. According to the survey results of the World Bank and ESMAP, the solar power generation system will greatly benefit the vast rural areas of Myanmar. About 25.6% of rural households outside of Myanmar’s national grid system will be electrified at the end of the fiscal year. It is worth mentioning that Sino Soar participated in this solar photovoltaic project and successfully won the bid in the project bidding process.
There are approximately 51.4 million people in Myanmar, of which approximately 70% are rural. Approximately 84% of households in rural Myanmar are located in areas without electricity. With time going on, the electricity demand and power consumption of local residents have increased rapidly. In addition, because Myanmar relies heavily on highly seasonal hydroelectric power generation, the existing power generation system cannot meet the peak demand for electricity during the dry season, and still cannot improve the power supply in the vast areas of power shortage.
In recent years, the application of gas-fired power generation technology in Myanmar has increased slightly, but the overall reliability and coverage of power supply are still generally low. At the same time, the shortage of electricity and the instability of power supply have greatly restricted the economic development of Myanmar, and the basic lives of the people cannot be better improved.
Based on the power supply situation in Myanmar, especially in remote rural areas, Myanmar has adopted long-term and short-term measures for power-deficient areas since 2016. From 2016 to 2018, Myanmar adopted solar power generation systems and small hydropower plants in power transformation projects. The combination of biofuel power generation has enabled about 229,000 households and 32,000 public institutions in tens of thousands of villages to achieve solar power generation.
Sino Soar has always been actively responding to Myanmar’s power transformation and construction, insisting on “Power the world with hybrid energy” as its corporate mission, and has actively invested in Myanmar’s national power projects since 2016. So far, Sino Soar has been deeply cultivated in Myanmar for more than four years. In the past four years, Sino Soar people have almost traveled to 7 provinces and 7 states in Myanmar. Sino Soar ‘s products cover about 80% of Myanmar’s provinces, and more than 360,000 sets of PV systems have been installed and put into application. With strong R&D capabilities and a professional and efficient technical team, Sino Soar provides users with a turnkey solution from survey, design, integration to supply, installation, operation and maintenance and technical support, and were highly recognized by the owner from Myanmar and the World Bank.