Solar auctions take off in Asia

摘要

The sun is shining significantly brighter in India and Southeast Asia as these regions could be key segments for the global solar power additions and could reach additional capacities of 82GW and 21GW respectively by 2035, according to consultancy firm Roland Berger. Factors that enhance their strong growth potential include land accessibility and sourcing capabilities. "Southeast Asia is set to require more than 250GW of additional capacity, and India 580GW. But under existing policies, countries are struggling to meet demand. Solar power offers a solution," said Jeffry Jacob, Roland Berger partner for energy & utilities competence centre. The International Energy Agency (IEA) estimates that about 120GW of new solar capacity and 80GW of new wind capacity will come online in India by 2040.