Asia Pacific Renewable Energy and Clean Technology Newsletter (Solar Energy Edition)
1 December 2011
The Asia Pacific region has enormous potential for solar energy — with its good solar resources and capability in manufacturing, research and development.
But there has been minimal deployment of solar energy in the region, due mainly to the following:
- a strong demand in Europe for Asian solar technology
- the expense of deploying solar energy
- the absence of genuine and accessible subsidies at scale
These drivers are now changing through decreasing European demand, the march to grid parity and local policy developments, with promising prospects for foreign and local investors.