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Side-Event: PV/Energy Storage Market Brief Asia

Opportunities for PV and energy storage business: The Asian Case

According to the PV Market Alliance (PVMA), Asia installed more than 50 GW of PV power generation capacities, thus represents 2/3 of the total global demand in 2016. At the same time, Asia is home to more than 90% of existing global production capacities for wafer, cells and modules. This situation makes Asia one of the most attractive places to invest in the PV business. This side-event will look at what will happen in the coming years, opportunities and challenges in the heart of the PV market and industry. Enjoying a prominent position in the global PV market, to date numerous Asian countries are increasingly promoting the build-up of a domestic electrical energy storage (ees) manufacturing industry for both e-mobility and stationary purposes. Recent development suggests that Asia will be home to the largest ees manufacturing capacities and due to existing and anticipated deployment schemes most likely will become as well the largest global market in the not too distant future. This official side-event of Intersolar Europe organized by PVMA and supported by APVIA, the Asian PV Industry Association will shed light on the latest developments in the PV and energy storage markets across countries such as Australia, China, India and Japan.

Side-Event: PV/Energy Storage Market Brief Asia