Abstract On December 16, the latest issue of the Solarbuzz Asia-Pacific key market quarterly report pointed out that the Asia-Pacific PV market demand in the fourth quarter of 2014 is expected to have an opportunity to reach 10GW. Mainly driven by the demand of the Chinese and Japanese markets, the Asia Pacific market 2014...
On December 16, the latest issue of the Solarbuzz Asia-Pacific key market quarterly report pointed out that the Asia-Pacific PV market demand in the fourth quarter of 2014 is expected to have an opportunity to reach 10GW. Driven by demand from the Chinese and Japanese markets, the Asia-Pacific market's full-year demand in 2014 will increase by 19% from last year. The report said that although China's installed capacity in the first three quarters was lower than market expectations, the market demand in the Asia-Pacific region in the fourth quarter was still mainly from China. Among them, the ground power station still occupies the majority of installed capacity, and the growth of distributed systems is relatively slow. “Overall, Asia-Pacific market demand is expected to continue to grow, maintaining a global market share of more than half in 2015.â€
Solarbuzz China analyst Ni Hanyu said: "Although the National Energy Administration announced that the country's photovoltaic grid connection in the first three quarters was only 3.79GW, in fact, many projects have been under construction in the first three quarters, but have not yet completed the grid. Although the first three quarters The figures released are not ideal, but with the centralized installation at the end of the year, China's PV installed capacity is still expected to exceed 2013 in 2014."
According to the latest Asia-Pacific market report released by Solarbuzz, the demand in the Japanese market continued to grow rapidly in 2014, with an average annual growth rate of 46%. The generous subsidy policy and a large number of approved project reserves have provided momentum for the growth of the Japanese market. As of the end of the third quarter of 2014, the project reserve reached approximately 56 GW.
Solarbuzz analyst Hu Dan believes that although at the end of the third quarter, five regional power companies in Japan proposed to suspend the approval of non-resident projects, this will not significantly affect the demand in the Japanese market in 2015, mainly because of the approved PV. The amount of reserve projects is large and these projects are not affected by the suspension of grid approvals. According to statistics, in 2014, the photovoltaic installation demand of these five regional power companies accounted for about 35% of the entire Japanese market.
In Australia, new renewable energy targets are still under discussion. Driven by the demand of the civilian market, the installed capacity in the fourth quarter is expected to reach the highest level in history. At the same time, along with the construction of three large power station projects, the share of ground projects is also expanding. Ni Hanyu said: "The signing of the China-Australia Free Trade Agreement is expected to have a positive impact on the anti-dumping investigation and is a good news for the Australian PV market."
The report said that Thailand and other emerging markets in the Asia Pacific region also showed continued growth in the coming years. In particular, the construction of large power stations in the Philippines, Pakistan and other countries will drive the growth of ground power stations in the region.
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