A Report on Solar Energy Industry in the Asia Pacific Region

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Case Details:

Report Code : BREP042
Report Length : 28 Pages
Period : 2004 - 2006
Organization : Sharp Corporation, Kyocera Group, Sanyo Group, Mitsubishi Corporation, and Suntech Power Holdings Co Ltd.
Pub Date : 2007
Teaching Note : Not Available
Countries : Asia Pacific Region ( China, India, Japan, Australia)
Industry : Solar Energy (Renewable Energy)

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Introduction

Power generation sources can be classified into conventional and renewable sources.

Conventional sources include fossil fuels such as oil, natural gas and coal. Renewable sources include hydro, wind, solar, biomass, geothermal, wave and tide power. In addition Nuclear power is also used for generation of electricity.

Growing population and expanding industrialization in the Asia Pacific is increasing demand for power while the conventional power generation sources are limited in nature.

This supply constraint of conventional sources has caused a rise in price at which power generated from conventional sources is available to domestic and industrial users in these countries.

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Besides, Asia is also dependent on oil imports for its power needs.

Oil is imported largely from the Middle East which has had an unstable political climate over several decades. This means that there are uncertainties as to the stability of oil supplies.

To develop self sufficiency in power generation, many countries in Asia are trying to develop renewable energy sources.

Rising oil and gas prices and global warming due to conventional power generation are highlighting the importance of solar energy in Asia. Solar energy causes the least environmental impact and does not involve the combustion of any fuels...

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