During Wood Mackenzie Power & Renewables Tokyo Briefing on May 13th 2019, our analysts shared their most updated research findings on the fast-changing renewables market in the Asia Pacific region.
Here’s what they presented during the briefing (download the summary by filling out the form on the right column; three presentations in one).
APAC Solar Market Opportunities
“723 GW of solar PV additions are expected through 2024 primarily in mature markets, while emerging markets also provide sizable opportunity and are experiencing high growth rates. Seven markets will make it to the GW-sized club in 2019, including China, India and Japan.” Said Rishab Shrestha, Wood Mackenzie’s solar analyst
The presentation is either available from Global Solar Markets Service. Please see related contents below for more.
Asia-Pacific Offshore Wind Power Outlook
“Offshore wind capacity in APAC will reach upwards of 55GW by 2027. 5.7GW of awarded projects in Taiwan begin large scale construction in addition to port projects in Japan and developers in South Korea expanding existing projects, signaling the strong momentun of offshore wind power in the region.” Said Robert Liew, Senior Wind Analyst.
The presentation is available from Global Wind Markets Service or Offshore Wind Service. Please see related contents below for more.
APAC Energy Storage Markets and Supply Trends
“The U.S. and China market will dominate the global storage outlook through 2024. Global battery cell manufacturing will grow beyond 650 GWh by 2026, due to the storage demand from EV industry.” Noted Ravi Manghani, Global Energy Storage Director.
The presentation is available from Energy Storage Service. Please see related contents below for more.
Please feel free to download the summary by filling out the form on the right column and let us know your enquiries by emailing to contactus@woodmac.com.