Asian energy markets face the enormous challenge of finding clean, sustainable, and affordable energy sources to meet a growing demand for electric power. Given the limited availability of local energy supplies, Asian nations are increasingly turning to renewable distributed energy generation as part of their long-term plans. Three technologies in particular hold the most promise for this region, including solar photovoltaics, small wind turbines and energy storage systems.

Despite the promise of these technologies, there are still many challenges and hurdles that must be overcome to find success. Zpryme’s market outlook and forecast report, Renewable Integration and Distributed Generation in Asia, provides the insights you need to understand the emerging market opportunities, and determine the best entry points for success.

The report and forecasts cover not only growth and change for the three technologies—solar photovoltaics, small wind turbines and energy storage systems—but also segments its analysis by four key regions and countries, including China, Japan, South Korea and the Association of Southeast Asian Nations (ASEAN).

Key Highlights

  • The renewable distributed energy generation market in Asia is expected to grow to $94 billion in 2020.
  • Solar photovoltaics is the largest market for distributed generation in Asia. The market is projected to grow from $17 billion in 2012 to $52 billion by 2020. That means an average annual growth rate of 15%.
  • Other distributed generation markets are smaller than solar photovoltaics, but still sizeable. The Asian small wind turbine market will near $90 million in 2020, and energy storage systems for distributed generation is projected to reach $41 billion in 2020.
  • China leads the way with solar photovoltaics. China’s solar photovoltaics market will grow 11% annually, from $9.6 billion in 2012 to $22.9 billion in 2020, and account for 43% of the total Asian market in 2020. Japan will account for $18.9 billion in 2020, followed by the Association of Southeast Asian Nations (ASEAN) with $7.7 billion and South Korea with $3.2 billion.

Market Forecasts Included

  • Asia Distributed Solar Photovoltaics Market Value Forecast, 2012 – 2020
  • Asia Distributed Small Wind Turbines Market Value Forecast, 2012 – 2020
  • Asia Energy Storage Systems for Distributed Generation Market Value Forecast, 2012 – 2020
  • Distributed Solar Photovoltaic Installation by Power Generation Volume (MW) Distributed Small Wind Turbine Installation by Power Generation Volume (kW)
  • Energy Storage Systems for Distributed Generation Installation Volume (MW)

Regions and Countries Included

  • China
  • Japan
  • South Korea
  • Association of Southeast Asian Nations (ASEAN)

[sc name=”Premium” ]