Market Report

Solar-plus-storage opportunities in the APAC region

10 April 2019

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About the report

The solar-plus-storage landscape in APAC is still in an early stage of development. Almost all projects are concentrated in mature solar markets (Australia, South Korea, Japan, China). Feed-in tariffs in Japan, renewable energy certificates in South Korea, and battery subsidies/grants in China and Australia have allowed several demonstration projects to move forward and form the majority of the operational capacity. This report looks at the opportunities and challenges for facing this market segment in the APAC region. The report dives into economics for the distributed solar-plus-storage and utility-scale solar-plus-storage market segments.

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About the aurthors

Rishab Shrestha is Solar Analyst focusing on downstream PV markets in the Asia-Pacific region. Rishab has experience researching both downstream and upstream industries and joins in Research content developement for APAC solar markets.

Dr. Le Xu is Senior Analyst in APAC storage market intelligence, focusing on the Asia-Pacific front- and behind-the-meter energy storage markets.

About the Service

The report belongs to Global Solar Markets Service in our Power & Renewables program. Data and analyses provide deep insight into the current and future state of electricity generation.