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  • Tuesday, February 26, 2013


    PV Demand in the Asia Pacific Region to Reach 13.5 GW in 2013…Leading PV Countries in Asia Pacific Starting to Exhibit Diverse Market-Entry Conditions

    February 13, 2013 (SolarBuzz)

    “Solar photovoltaic (PV) demand from the Asia Pacific (APAC) region is forecast to grow to 13.5 GW in 2013, growing 50% Y/Y…China, Japan, India, and Australia…will account for 90% of APAC demand in 2013. However, discrete end-market demand environments are now evolving in each of these countries. As a result, PV suppliers and technologies are being selected in each territory based upon factors such as domestic manufacturing, policies, import duties, and customer preferences…

    “…[A] single go-to-market strategy…is no longer viable…In Australia, the elimination of the Solar Credit Multiplier, along with incentive reductions in Victoria and Queensland, will slow PV growth during 2013. In Japan, demand will peak during Q1’13, ahead of scheduled tariff reductions in April…The Chinese government will likely re-adjust the goals of its 12th Five-Year Solar Development Plan, and the country will see over 75% of its 7 GW demand in 2013 occur in 2H’13…In India, the final version of Phase II of the National Solar Mission program is still pending…[It could drive] a capacity increase from 3.7 to 9 GW, with an increased focus on the off-grid and rooftop sectors.”

    “The threat of further trade wars involving APAC countries, along with other import restrictions, is segmenting the APAC region into country and application-specific markets. Domestic content restrictions on imported modules into India may strongly affect c-Si supply from China or any thin-film imports to India.

    “The APAC region is becoming more selective about technologies. In Japan, high-efficiency modules have become the preferred technology for locations with constrained space. In China, domestically manufactured multi c-Si modules are satisfying ground-mounted requirements. And in India, 1 GW of new demand will come from rooftop projects under Phase II of the National Solar Mission, which could further shrink this key market for thin-film suppliers…”


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