Asia-Pacific PV demand holds steady, Offshore Wind Spikes

Greentechmedia – Wood Mackenzie unveils new forecast figures for renewables in the Asia-Pacific region.

Cumulative solar PV capacity in Asia-Pacific will increase by 60 percent by 2023.

Cumulative solar PV capacity in Asia-Pacific will increase by 60 percent by 2023.

The Asia-Pacific region is set to install 55 percent of all the world’s new PV in the next five years, new figures show.

The data, from Wood Mackenzie Power & Renewables, shows demand across the region holding steady over the next half decade, even though this year will see a dip in PV installation rates for the first time ever.

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