Print  |  Send  |   

Major Asia Pacific PV markets set to grow 85 percent in 2010

July 07, 2010 // Paul Buckley

Major Asia Pacific PV markets set to grow 85 percent in 2010

Market analyst, Solarbuzz reports that the Asia Pacific photovoltaic markets are poised to make a significant contribution to global photovoltaic (PV) market growth in 2010 following improvements in the policy environment in most of the key countries in this region.


Page 1 of 3
According to the Solarbuzz Asia and Pacific Major PV Markets 2010 report, the key emerging country markets of China, India, South Korea and Australia, together with the long established Japanese market, contributed 0.9 GW of installations in 2009, or 12 percent of world demand.

After a policy-led reduction in demand in South Korea in 2009, all five of these country markets are now expected to return to growth in 2010. According to data in the new Asia and Pacific Major PV Markets 2010 report, demand across the three countries will be up 85 percent in 2010 in the mid-case Green World scenario.

Japan is set for very strong growth in 2010 with clearly set out new incentives for photovoltaics, said Craig Stevens, President of Solarbuzz. The expectations for China and India remain high. However, their challenge will be to translate their long pipeline of projects, now just on paper, into reality through government incentive policies that are certain and at a level high enough to attract financing.

Solarbuzz reports that for the first time in three years, the Japanese market showed a significant increase in 2009. The domestic market more than doubled in 2009 to 477 MW as a result of the re-launch of a nationwide residential incentive program and the introduction of a Japanese version of a Feed-In Tariff (FIT) during the year. The FIT was originally planned to launch from April 2010, but to further accelerate the deployment of the domestic PV market, the government pushed it forward and started the program in November 2009. In addition, as of December 2009, over 400 regional governments (prefecture, city, town or village) offered residential PV support programs, including subsidies and loans as well as utility buy-back schemes and further assistance through utility Green Power Funds.
1 | 2 | 3 | Next page

All news

Power Supplies/Batteries

Follow us

Fast, Accurate & Relevant for Design Engineers only!

Technical papers     

Linear video channel

READER OFFER

Read more

This month, Oscium is giving away three of its iMSO-204L dual analogue iOS oscilloscopes, worth USD400 each. Designed with native Lightning compatibility, the iMSO-204L transforms the iPad, iPhone, and iPod touch into an ultra-portable, two-channel oscilloscope.

Since Apple changed its connector, Oscium has been working to bring native compatibility to its customers. The third generation...

MORE INFO AND LAST MONTH' WINNERS...

Design centers     

Automotive
Infotainment Making HDTV in the car reliable and secure

December 15, 2011 | Texas instruments | 222901974

Unique Ser/Des technology supports encrypted video and audio content with full duplex bi-directional control channel over a single wire interface.

 

You must be logged in to view this page

Login here :