The Asia Solar Exhibition Presents Business Opportunities
Being the largest and most populous continent, Asia has a wide diversity of geographies, societies and economies. However, there seems to be a growing consensus amongst its countries, that the continent’s power needs cannot be met by traditional solutions alone. In order to quench the vast thirst for energy, many countries have already actively invested into renewable energy to complement their conventional on fossil fuels.
For a large part of Asia, that is close the equator or covered by arid and semi-arid landscapes, solar energy is an ideal solution. And as the costs of solar PV installations are falling, it is becoming ever more attractive.
Data from Development Counsellors International shows that both China and India have great conditions for solar investment. The former
has already solidified its position as the world leader in solar photovoltaic manufacturing, housing 6 of the biggest solar companies of the world. The latter has announced an ambitious 100 GW solar target by 2020.
With falling prices and easy access, solar sector is no longer just an infrastructure choice for solar investors but becomes an option for households (solar rooftops) for individual consumers (solar products) and for governments who want to fight energy poverty and expand energy access (rural solar systems).
The importance of Asia Solar
In an attempt to drive the solar industry, a group of industry bodies have organised Asia Solar as exhibition and a platform for business and policy discussion and an opportunity to showcase technological advancements and share solar success stories from across Asia.
Asia Solar Photovoltaic Exhibition and Forum is a joint initiative of the China Chamber of Commerce for Import and Export of Machinery and Electronic Products (CCCME), the Solar and Photovoltaic Products Branch and China Council for the Promotion of International Trade (CCPIT) and Pudong Sub-Council.
The project is integrated into the Chinese National Development and Reform Commission (NDRC), and has many supporters, such has Ministry of Commerce and Ministry of Industry and Information Technology, the International Solar Energy Society (ISES) and the Solar Energy Industries Association (SEIA).
Asia Solar had a total of 8 editions till date and has established itself as a lead fair in solar in Asia. It is no co-incidence that it comes from China. The country has been at the forefront of driving down solar costs globally.
China’s role in the solar market
During recent years, air pollution has become a major concern in China and there are ever more people who recognise the need to change the energy system and make it cleaner. With time, the need to invest became obvious, so the country’s government started to support solar projects as well as solar manufacturing on very large scale.
Today, as Solar Asia shows, China has become a hub of innovation and growth of the solar market – in Asia and globally.