Featured in Looking forward – 08-2012

Lying in wait

SE Asia: The region has been identified as one of the emerging solar markets of the future. With the IMF reporting economic growth at a rate of 6.5 percent per annum, electricity demand is also growing. However, cumulative installed PV capacity and support schemes are comparatively negligible. Despite this, many companies are lying in wait, preparing their plans, ready to pounce as soon as the markets are ripe.

Interest in photovoltaics is progressively increasing in Southeast Asia. As a manufacturing location, the region has built a steady PV base but, as an end market, it is yet to meet its potential. However, signaling change, the Organization for Economic Cooperation and Development (OECD) has called for the ASEAN region (non-OECD countries) to pursue a …

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