New Report Published about the Asia Solar Photovoltaic (PV) Market
/2nd July 2016, by Renewable Market Watch™/
Solar investors are increasingly looking toward the young and promising solar PV markets of Southeast Asia for new opportunities. The region’s key solar markets — Thailand, the Philippines, Malaysia, Singapore, Indonesia, Vietnam and Myanmar — had a big year in 2016, collectively installing about 1.58 GW of new PV capacity, according to statistics from the Renewable Market Watch™. Including Cambodia and Laos, the region’s cumulative installed PV capacity hit roughly 3.48 GW by the end of December. years.
Thailand added 729 MW of capacity in 2016, bringing cumulative capacity to 2,149 MW by the end of December. But the outlook for ground-mount PV deployment remains uncertain, as the government continues to reshape its policies. And competition among developers to build new ground-mount PV projects is fierce, as new players are increasingly moving into solar, such as coal-mining giant Banpu, which recently announced plans to develop 300 MW of capacity.
Renewable Market Watch™ published the new report Asia Solar Photovoltaic (PV) Market: Outlook 2016÷2025. The aim of this report is to provide a balanced assessment of opportunities and reulatory framework for solar projects development in all the major countries in this area. In recent years, there has been an increasing interest for investments in solar photovoltaic projects in the Asia-Pacific region.
The more information about solar PV power market in the Asia-Pacific region, including full contact details of solar PV project owners and developers you may read here: Asia Solar Photovoltaic (PV) Market: Outlook 2016÷2025
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