Asia-Pacific provides best growth opportunities for PV market

Asia-Pacific region holds the biggest sustainable, global growth opportunity for solar energy through 2015. This is Photon Consulting's prediction based on its soon-to-be released report entitled, “Solar Power Markets: Eastern Sunrise”. 

The market study details how the region’s PV economics, cumulative economic growth curve and electricity needs have primed the area for impressive PV expansion over the next four years.

"This study provides the industry with concise, actionable information on Asia-Pacific PV demand with the goal of providing forward-thinking solar companies with the market intelligence they need to further the continued globalization of solar energy," said Chris Bolman, Photon Consulting analyst and author of Solar Power Markets: Eastern Sunrise.

PV markets studied in the report include: Australia, China, India, Indonesia, Japan, Malaysia, the Philippines, Singapore and Thailand. The study examined key data and forward-looking projections on market prices, volumes, analytics and other measurements through 2015. Additionally, the report gives descriptions of local renewable incentive programs, market outlooks, downstream market participants and strategic considerations for new market participants.