A new report on solar panel demand in the Asia-Pacific (APAC) region predicts a capacity increase of 13.5 gigawatts in 2013 and forecasts a healthy growth rate of 50 percent year-over-year.
Industry analyst firm NPD Solarbuzz’s Q1, 2013 Asia Pacific Major PV Markets Quarterly shows 90 percent of solar demand coming from China, Australia, Japan and India, but as domestic policies change, suppliers must adapt to changing circumstances.
“Having a single go-to-market strategy to meet growing PV demand across the entire APAC region is no longer viable,” stated Chris Sunsong, analyst at NPD Solarbuzz. “Quarterly cycles also continue to define PV demand, reflecting the effects of policy deadlines and weather-related seasonality.”
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