New Market Research Report on Solar Power Trends across Asia just published a new market research report: Solar Power Opportunities - Asia

There are so many opportunities to invest in solar power around the World. But how do you decide where to invest? Which are the most attractive markets, both in terms of solar power fundamentals and the general business environment?

This report, Solar Power Opportunities - Asia, provides a comparative framework for analysing the potential and relative attractiveness of national-level solar markets in Asia and for assessing macro conditions, access to market, national energy policy, growth potential of renewable energy and infrastructure considerations.

The report provides both a regional summary of solar power trends across Asia, SWOT analyses for the top 10 most attractive actual and potential solar markets and detailed, individual country factsheets for China, Japan, India, Korea, South, Malaysia, Thailand and Philippines, the 7 markets in Asia with current installed solar capacity.


In 2012, total installed solar power capacity across Asia reached 18,215 megawatts from 7 countries, representing 0.90% of all power capacity (conventional + renewable) and 3.72% of total renewable power capacity in Asia. The largest solar market was China with 8,300 megawatts or 45.57% of total regional solar capacity.

Beyond this current installed capacity, there exist many opportunities for solar power developments across the region. This report assesses those opportunities from both a Solar Market and a Business Environment perspective, providing a comparative framework for analysing the potential and relative attractiveness of national-level solar markets in Asia and for assessing macro conditions, access to market, national energy policy, growth potential of renewable energy and infrastructure considerations.


  • A comprehensive analysis of the state of the solar market in Asia at a regional and national level.
  • Detailed individual country factsheets for each of China, Japan, India, Korea, South, Malaysia, Thailand and Philippines.
  • Analysis of both the state of the regional and national solar market and the general business environment.
  • Comparisons to other solar markets regionally and worldwide and to other power sectors (Biomass and Waste, Geothermal, Hydroelectric and Wind) locally.
  • All markets are reviewed independently and relative to other markets across Asia.
    Underpinned by a comprehensive model of the World's renewable markets, featuring 19,000 data points across 214 geographic entities.


Out of the 26 countries in Asia, 7 have existing installed solar power capacity, which combined, represent 18.37% of solar power capacity installed worldwide. The top 7 markets based on installed solar capacity are China, Japan, India, Korea, South, Malaysia, Thailand and Philippines.

Looking beyond pure installed capacity though, the top 10 most attractive solar markets in Asia however are China, Japan, Korea, South, Malaysia, India, Thailand, Laos, Vietnam, Philippines and Indonesia, based on market attractiveness indices that range for the 10 countries from 71 - 99 with a median 87 (where 0 is least attractive and 100 is most attractive).

Most attractive indices are calculated using a MABA analysis employing over 100 variables reviewing the state of the local power market and macro and micro business operating conditions. Countries are then ranked comparative to all others worldwide.

At the regional level, Asia had a median market attractiveness index of 59 out of 100, compared to the leading region, Europe, with a median index of 83. This ranked Asia in 3rd place amongst the 7 World regions (Africa, Americas, Asia, Eurasia, Europe, Middle East, Oceania). The range of indices for all countries in Asia was 5 - 99, World indices range from 0 - 100).


  • What are the regional capacity trends and policy developments in solar power across Asia?
  • Which markets across Asia have the most potential for development of solar power generation facilities?
  • Which potentially attractive solar markets in Asia also have a positive business environment conducive to investors?
  • What are the key strengths, weaknesses, opportunities and threats facing the most attractive solar markets in Asia?
  • How relevant is solar power in markets with current installed solar capacity, compared to other solar markets worldwide and compared to other power sectors (e.g. conventional, hydro, wind etc) locally?
  • What is the outlook for solar power over the next 5 years?
  • What are the key policy drivers affecting both the development of solar and renewable power for each market?


The relative attractiveness of a country's solar market can be viewed from both a market and business perspective.

Market Attractiveness considers the relative merits of the renewable and solar sectors in the top markets in a given market based on power capacity and generation trends and specific solar related variables. Attractive markets may or may not have existing installed solar capacity.

Business Attractiveness considers how safe, easy and practical it is to invest in the power market in a given market by considering generic macro-economic, access to market and operating environment issues.

Each country is rated on over 100 variables and assigned a Market Attractiveness and a Business Attractiveness index, ranked relative to all other countries worldwide.

The analysis employed in these factsheets is based on a comprehensive, regularly updated, quantitative and qualitative model with over 19,000 data points across 214 geographic entities.

The regional and individual country factsheets are packed with detailed analysis, charts and tables incorporating the latest available data on capacity and generation trends at the national level. Data coverage is from 1992 with outlooks through to 2017.


  • Gain a clear understanding of the relative attractiveness of solar markets in Asia from both a Market and Business perspective.
  • Simplify yet enhance opportunity analysis using a standard framework covering a full range of socioeconomic, trade, legislative, business, renewable, solar and network issues.
  • Facilitate decision making based on a clear understanding of the trends and predictions shaping this regional solar market.
  • Understand the importance of these trends relative to other renewable power sectors and relative to regional and global trends.
  • Obtain detailed historical and forecast market analysis for each of China, Japan, India, Korea, South, Malaysia, Thailand and Philippines; the 7 countries in the region with existing installed solar capacity.


- installed capacity (total, per capita, per GDP, per sq km)
- added capacity
- net generation
- % of total capacity
- % of renewable capacity
- % of non-hydro renewable capacity
- % net generation
- 1 year growth rates %
- 5 year compound annual growth rates %
- capacity : generation ratios
- capacity factors
- policy landscape covering Regulatory Policies and Incentives, Fiscal Incentives and Public Financing
- SWOT analysis
- 31 Market variables in 4 categories : Total Power, Renewables, Solar Market, Network
- 71 Business variables in 12 categories : Security, Social, Technological, Economic, Political, Trade, Barriers to Trade, Legislative, Policy, Incentives, Operations and Financing

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