Asia’s New Solar Industry

In Asia, countries like China and Japan are planning to expand their solar research and market. The report is being called the “Asia-Pacific Solar Energy Market outlook 2015-2020.” China so is expected to be the biggest market for the solar. They expect over 11.19 billion dollars in solar worth by the year of 2020. India is following in their footsteps and is estimating 4.71 billion dollars form the solar industry in 2020. The income should come from residential use of solar panels as well as commercial use. A few of the questions included in the research for these countries are:

“-What are the technologies used to harness the solar radiation?

– What are the key drivers pushing the market growth of solar energy in APAC region?

– What are the major challenges faced against the proliferation of solar generation in APAC region?

– What are the potential opportunities of the solar power market along with the competition?”

 

I think this is great that Asia is continuing to further support their solar industry. Asia has the perfect weather during summer for using solar energy. Solar energy is also a way to produce energy in a way that does not create a large amount waste. Asian countries are dealing with a lot of bad pollution due to industrializing. With the use of solar they will be able to create energy without much added pollution. The questions that the research team is asking if having solar in these Asian countries will help with the economy and be benefit.

 

Wood, L. (n.d.). Asia Pacific Solar Energy Market Outlook, 2015-2020 – Yingly Solar, Trina

Solar, Kyocera, and First Solar Dominate the Market. Retrieved November 19, 2015, from http://www.prnewswire.com/news-releases/asia-pacific-solar-energy-market-outlook-2015-2020—yingly-solar-trina-solar-kyocera-and-first-solar-dominate-the-market-300181807.html

2 thoughts on “Asia’s New Solar Industry

  1. I agree with you that it is really great that there are countries in Asia that are leaning more towards solar power because of the extreme pollution in many areas. Solar power could significantly reduce the amount of pollution that enters the air in these different areas.

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