Does Macao have a photovoltaic energy contract?

The regulations require investors to enter into a 20-year contract for the purchase of photovoltaic energy with Macao’s sole energy service provider, Companhia de Electricidade de Macau (CEM). Essentially CEM will purchase the electricity produced to ensure investors profit within a reasonable period.

Can Macao increase solar energy?

The Macao government also sees an opportunity to increase solar energy. To encourage the installation of PV systems, officials passed a set of safety and installation regulations in 2015.

Is Macau a good place to invest in solar energy?

Song and colleagues have no doubts: “Macau has some of the richest solar resources in the world” (with average annual sunlight time exceeding 1000 h, providing about 5000 MJ/m 2 ). “Clearly, Macau has a tremendous potential for developing solar energy, especially a grid-connected photovoltaic system.

Does Macao need an EV charging system?

For starters, he believes Macao needs to optimise its EV charging systems. The city currently has 200 charging spaces across 42 public car parks and seven streets, according to the Macau Electricity Company (CEM), Macao’s sole energy service provider.

Does China's Energy Strategy work for Macao?

According to the National Energy Administration of China, the share of clean and renewable energy in China’s electricity generation has almost doubled over the past decade, surging from 13 per cent in 2011 to 24.3 per cent in 2020. This bodes well for Macao. “Developing solar and wind energy has become China’s core energy strategy,” he says.

Are EVs a greener option for Macao?

Despite the potential pitfalls, Hongcai Zhang, assistant professor in the Department of Electrical and Computer Engineering at the University of Macau, believes that EVs are a much greener option for Macao than petrol cars in the long run, since they will be increasingly powered from electricity generated from renewable energy sources.