Taiwan Solar Photovoltaic Market Outlook to 2015
Bharatbook.com added a new research report on ” The report titled “Taiwan Solar Photovoltaic Market Outlook to 2015” provides a comprehensive analysis on various aspects such as On-Grid and Off-Grid Cumulative and Annual Installed Capacity, PV power per capita, market
Taiwan Solar Photovoltaic Market Outlook to 2015
The future outlook presented the base case, conservative case and aggressive case scenario factor analysis providing an insight on the prospects in the solar PV cumulative and annual installed capacity for the country.
Taiwan is only behind China in terms of production of silicon PV cells worldwide. The two together held a market share of nearly 60%. The country has a stable supply chain network with products ranging from various silicon products to solar modules. The country has emerged as one of the manufacturing centre for PV products especially in Asia Pacific region. http://www.bharatbook.com/market-research-reports/energy-market-research-report/taiwan-solar-photovoltaic-market-outlook-to-2015.html
Taiwan Solar PV annual installed capacity has registered strong growth in the past. The major factors which have driven the growth are the improvement in conversion efficiency along with decreased cost of electricity generation which is further expected to reduce in the price per watt of the electricity. In the near future, the technological advancement is likely to take place in either PV equipments or in terms of processing which will have a direct bearing on the PV market.
In 2006, only 1 MW of annual installed capacity was registered in the country. The country has witnessed a CAGR of 86.1% during the period from 2006-2010 and reached 12 MW in 2010.
Market Analysis
The solar power consumption per watt per inhabitant has registered an increase over the years. Although the country is relatively new in the field of PV technology, the country is set to witness an increase in the consumption. During the historical period, the photovoltaic power per inhabitant per watt has increased from 0.1 watt/inhabitant in 2006 to 1.0 watt/inhabitant in 2010.
With the current business trend, Taiwan is expected to witness several business opportunities with government support and solar energy being considered as a strategic industry. It is expected that solar PV industry will reach over USD ~ billion by 2015. The market size will be largely driven by the countries emerging position as one of the largest suppliers of thin-film silicon cells and modules in the global market. The fast adoption of thin film solar equipment will aid the solar PV market to grow and propel. The domestic market is expected to foresee large solar power plants installations. The new installations in 2011 are also expected to increase to ~ MW from 12 MW in 2010. By 2015, the annual installations will grow to ~ MW.
Key Topics Covered in the Report:
• The feed-in-tariffs introduced in the country and their effect on the solar PV market
• The annual and cumulative PV installations along with PV power per capita in the country from 2006-2010
• Future Outlook on the basis of assumed scenarios i.e. base case, worst case and aggressive case on cumulative installed capacity, annual installed capacity and PV power per capita, from 2011-2015
• SWOT analysis of the solar PV industry and Macro Economic Environment in the country
• Competitive Landscape of the various players operating in the country.
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