Solarbuzz, the industry watchdog, is expected to report rapid development of the Asia-Pacific photovoltaic market. By 2015, it will provide 26% of global demand, which is a significant increase from 11% in 2010.
The report said that China, Japan, India, Australia, and South Korea in the Asia-Pacific region will have a total demand of 3.3 GW in 2011. China and Japan benefited from the support of the New Deal and their demand growth was the leading factor.
“The policy structure of major markets in the Asia-Pacific region is undergoing profound changes. China, India and Australia have started to build grid-connected photovoltaic power generation markets. Japan and South Korea are facing policy changes in order to revive domestic demand in the coming years.†Road.
Solarbuzz estimates that the scale of China's PV market can expand by up to 174% over the previous year in 2011, thanks to the national and provincial construction plans. China is a major producer of photovoltaic products and its output accounts for about half of the world's output. However, the domestic photovoltaic power generation market is still in its infancy.
Solarbuzz President Craig Stevens said that both China and India have several projects to be built in Jiwa, and their market growth is expected to rise. "But the biggest challenge for these projects right now is to safeguard financing in a constantly changing policy and regulatory environment."
"If these policies succeed in promoting the expected growth in the Asia-Pacific region, they will help reduce the impact of the European market's reduction of subsidies," he said.
According to the report, Japan’s newly installed PV capacity this year will be at least 1.29 GW, an increase of about 35% year-on-year. India’s newly installed capacity may also double year-on-year. As of June, the data show that the country will complete construction by 2013. A total of 1.5GW of grid-connected photovoltaic projects; the new plan of South Korea plans to add 1.2GW of photovoltaic capacity in the next five years.
The report said that China, Japan, India, Australia, and South Korea in the Asia-Pacific region will have a total demand of 3.3 GW in 2011. China and Japan benefited from the support of the New Deal and their demand growth was the leading factor.
“The policy structure of major markets in the Asia-Pacific region is undergoing profound changes. China, India and Australia have started to build grid-connected photovoltaic power generation markets. Japan and South Korea are facing policy changes in order to revive domestic demand in the coming years.†Road.
Solarbuzz estimates that the scale of China's PV market can expand by up to 174% over the previous year in 2011, thanks to the national and provincial construction plans. China is a major producer of photovoltaic products and its output accounts for about half of the world's output. However, the domestic photovoltaic power generation market is still in its infancy.
Solarbuzz President Craig Stevens said that both China and India have several projects to be built in Jiwa, and their market growth is expected to rise. "But the biggest challenge for these projects right now is to safeguard financing in a constantly changing policy and regulatory environment."
"If these policies succeed in promoting the expected growth in the Asia-Pacific region, they will help reduce the impact of the European market's reduction of subsidies," he said.
According to the report, Japan’s newly installed PV capacity this year will be at least 1.29 GW, an increase of about 35% year-on-year. India’s newly installed capacity may also double year-on-year. As of June, the data show that the country will complete construction by 2013. A total of 1.5GW of grid-connected photovoltaic projects; the new plan of South Korea plans to add 1.2GW of photovoltaic capacity in the next five years.
SWT Smart Technology Co., Ltd. , http://www.fuding-sound.com