Energy Trend: Emerging Market Opportunities for Solar Energy Industry

According to Energy Trend analysis, 2012 global solar market has gone through increases and decreases. The latest statistics of the top ten solar PV market are: Germany, Italy, China, Japan, the United States, Greece, France, the United Kingdom, India and Australia.

 

With the mainstream market support policies weakened the solar manufacturing enterprises stationed in emerging markets began to look for opportunities on the market, the emergence of more and more solar products such as solar lamps, electric board, Energy Trend expected in 2013, will appear more than a dozen emerging market opportunities, including Bulgaria, Iran, Chile, Brazil, Indonesia, Thailand, Vietnam, and so on. The following is from the main emerging markets, the policy and its potential are introduced from three regions of Europe, Asia and the Americas.

 

Bulgaria

Bulgaria's current focus began to shift to the use of renewable energy, especially in the development of residential solar photovoltaic system. According to official data, the country's 500-600MW of renewable energy systems installed in the past year ended in June 2012. Bulgaria FIT policy to follow other European markets such as Germany, Italy, the new solar power station will start in September to give 30% subsidy cuts, but has given no official information. In June this year, the Government has cut half of the subsidies, and is recommended to cut 35% of the roof of a large photovoltaic system subsidies, subsidies of 28% of the ground station. 16% of the proportion of renewable energy in 2020, the expected new capacity for 2GW.

 

Energy Trend think, in the Middle East, Israel is the most development potential PV market, the Government is also actively developing its solar market, is also worth noting that the country's renewable energy market is highly dependent on imports, is conducive to the Chinese photovoltaic products exports. Israel Public Utilities Authority in June 2012 to cut the subsidies, solar energy return on equity fell from 14% to 7%, from $ .23 per kilowatt-hour rates slipped to $ 0.17. In 2020, Israel plans to renewable energy installed capacity reached 2.76GW, 10% of its electricity supply, is expected to 2014, large-scale PV systems installed capacity is expected to reach 460MW.

 

Energy Trend think, in the Americas region, in addition to the United States and Canada, the PV market is not yet apparent demand. Mexico in 2011, the total installed capacity of about 7MW, South America, most of the market demand is mainly from the large-scale demonstration projects; installed capacity in South America will be mainly from Peru and Chile.

 

Peru

 The Peruvian Energy Board pointed out that only 63% of the country the useful electricity supply in remote areas, has a population of 2.8 million still do not have access to electricity. Peru's annual energy demand growth rate of 9% is expected in 2012-2020, the total installed capacity will reach demand 6.14GW. The solar potential Energy Trend Chile and Peru are expected to reach 5GW. Study abroad, expected in 2020, Peru will attract an investment of 108-133 million dollars, the government is seeking sustainable renewable energy investments. Peru plans to achieve 33% renewable energy supply by 2021, which achieve 15% before 2018.