Nexxu Group has been requested to identify and test the geographical differences in prices of solar PV assets across different parts of South East Asia. We concluded that installed capacity in Malaysia, Indonesia and Thailand trades at a lower price than the global multiple, while installed capacity in Singapore, Brunei and Vietnam trades at a premium.

We also find that large variations exist among the SEA countries analysed. We find that installed capacity in Malaysia, Thailand, Indonesia and Vietnam trades at a discount while installed capacity in Singapore and Brunei trades at a premium compared to the global estimate.

Working together with Solar Tenaga, we were able to provide them strategic advisory combined with market intelligence that was then used to help our client positioning in the region.