EV-a2zEV-a2z
Notification Show More
Aa
  • News
    • EV Type
      • BEV
      • HEV
      • PHEV
      • FCEV
    • System
      • EV
      • Battery
      • Charging Infra
    • Veh. Type
      • Bike
      • 3 Wheeler
      • Car
      • Bus
      • Truck
      • Aircraft
    • Country
      • United States
      • United Kingdom
      • Australia
      • India
      • China
      • Germany
      • Japan
      • Canada
    • Company
      • Tesla
      • BYD
      • General Motors
      • Ford
      • Toyota
      • Volkswagen
      • Hyundai
      • Stellantis
    • Energy
      • Solar Energy
      • Wind Energy
  • Reviews
  • FAQ
  • Listicles
  • Sales Report
  • Guidance
    • Policy
    • Standards
    • Regulations
  • Books
  • Expo
  • Glossary
Search
© EV-a2z. All Rights Reserved.
Reading: Solar Energy is expected to increase dramatically in Asia’s five largest economies 
Share
Aa
EV-a2zEV-a2z
Search
  • News
    • EV Type
    • System
    • Veh. Type
    • Country
    • Company
    • Energy
  • Reviews
  • FAQ
  • Listicles
  • Sales Report
  • Guidance
    • Policy
    • Standards
    • Regulations
  • Books
  • Expo
  • Glossary
Follow US
EV-a2z > News > Solar Energy is expected to increase dramatically in Asia’s five largest economies 
News

Solar Energy is expected to increase dramatically in Asia’s five largest economies 

admin
Last updated: 2022/09/11 at 11:03 PM
admin Published September 6, 2022 5 Min Read
Share
5 Min Read
Clean Energy-Solar-Wind Turbine
Clean Energy-Solar-Wind Turbine
SHARE

Solar power is expected to increase exponentially in five of Asia’s largest economies which will advance the region to become a global powerhouse for solar energy as per Ember.

Five of Asia's biggest economies are forecast to see dramatic solar growth https://t.co/LSDO4Cq3Ub pic.twitter.com/7NH920wHjF

— Tech News Tube (@TechNewsTube) September 6, 2022

The national power sector development plans for China, Japan, Indonesia, India, and the Philippines were examined by the global energy think tank Ember.  It was discovered that throughout the five economies, solar capacity is predicted to increase by an average of 22% annually, according to Electrek.

Sun is rising in Japan, China, India, Philippines & Indonesia. Solar will add about 650GWs by 2030 in the 5 Asian countries. That's a big number but a conservative estimate. Why? China may reach its huge 2030 solar and wind deployment by 2025. https://t.co/FbJwRoF67O pic.twitter.com/zRKATSxeum

— John Raymond Hanger  (@johnrhanger) September 6, 2022

Furthermore, the Philippines and Indonesia are predicted to have the fastest solar capacity growth rates among the five, at 34.64% and 41.81%, respectively.

By 2030, Indonesia intends to increase its solar capacity by 4.68 GW. If put into practice, Indonesia would have 25 times more capacity built than its existing 180 MW level.

Nonetheless, the lowest percentage among G20 nations is Indonesia’s share of solar electricity generation which is less than 0.2%. According to the World Bank, Indonesia has the fourth-largest population in the world and the tenth-largest economy in terms of purchasing power parity.

Meanwhile, China intends to develop 1,200 GW of both wind and solar by 2030. As per Ember, China added capacity at a rate of 50% between 2012 and 2021, with solar power playing a significant role in that growth.

Ember’s Muyi Yang, Asia senior electricity policy analyst, said: 

“China could reach a total capacity of at least 600 GW of solar by 2030. We believe this to be a cautious estimate, as some analysts estimate that China could reach its 1,200 GW wind and solar goals as soon as 2026.”

On the other hand, Philippines passed legislation in 2019 mandating the addition of 18 GW of solar capacity by 2030. Additionally, Solar Philippines, the nation’s largest solar company, is aiming to break the 10 GW threshold by 2025. The 2030 mark, if reached, would be about 12 times greater than the nation’s present level of 1,370 MW.

Ember also claims that the new administration of the Philippines appears intent on reviewing important planning and management guidelines for the country’s energy systems. That is essential for both grid preparedness and the quick building of solar farms.

Isabella Suarez, Southeast Asian energy analyst at the Centre for Research on Energy and Clean Air (CREA), said:

“The Philippines is certainly on track to meet its target with all 18 GW of its 2030 target already accounted for in the proposed project pipeline.”

In the meantime, India intends to increase its solar capacity by six times at 300 GW by 2030. By the end of the decade, the nation will have one of the largest solar fleets if it achieves its target. Moreover, India added a record 14 GW of new solar capacity in the 12 months preceding March 2022, breaking its previous record of 9.4 GW installed in 2018, according to Ember’s state-by-state analysis in April.

It is also worth noting that investing in grid stabilization and comprehensive regulatory reform to accommodate the growth of rooftop solar is one of India’s significant challenges for controlling its solar development.

On the other hand, solar power generated 9.3% of Japan‘s yearly electricity in 2021 which reflected an increase from 8.5% in the previous year. RTS Corporation, a Japanese PV industry consultancy firm, predicted that Japan will have between 154 and 180 GW of installed solar by 2030, although Ember estimated it to be closer to 100 GW.

Interestingly, five of Asia’s biggest economies including China, Japan, Indonesia, India, and the Philippines have enormous potential for the growth of solar energy. The world may witness a significant advancement in solar energy if these countries succeed in meeting their goals.

You Might Also Like

Hyundai reveals battery suppliers of its EV models amid fire concerns

Uber boss casts doubt on Tesla’s Robotaxi vision

Tesla secures direct sales license in Kentucky

CATL launches showroom of EV models powered by its batteries in China

Tesla Semi to hit European roads

TAGGED: China, India, Indonesia, Japan, Philippines, Solar Power
admin September 11, 2022 September 11, 2022
Share This Article
Facebook Twitter Flipboard Whatsapp Whatsapp LinkedIn Reddit Email Copy Link

Follow US

Find US on Social Medias
Facebook Linkedin Twitter

Weekly Newsletter

Subscribe to our newsletter to get our newest articles instantly!

Popular News
Tesla - Model 3, courtesy Tesla
News

Tesla Model 3 is the “most sought-after EV” around the globe

EV-a2zm By EV-a2zm April 14, 2023
Volkswagen EVs are sold out in the U.S., Europe
Canadian Government confirms talks with Tesla over Giga Canada
Toyota plans to start US electric vehicle production by 2025, as per a report
Tesla prompts the US Government to launch stricter fuel efficiency standards
- Advertisement -
Ad imageAd image

Tags

Australia (197) Autonomous Driving (110) Battery (805) BEV (71) BMW (105) BYD (319) Canada (74) CATL (84) Charging Infrastructures (360) China (749) Electric Truck (72) Electric Vehicle (4971) Elon Musk (324) Europe (466) EV (5090) EV Sales (169) Ford (180) Full Self-Driving (94) General Motors (118) Germany (134) Gigafactory (90) Honda (74) Hyundai (156) India (268) Japan (82) Kia (92) Lithium (74) Lithium-ion Battery (79) Mercedes Benz (83) NIO (101) Nissan (77) Renewable Energy (91) Rivian (76) Solar Power (99) Stellantis (117) Tesla (1564) Tesla Cybertruck (101) Tesla Model 3 (151) Tesla Model Y (178) Tesla Superchargers (90) Toyota (154) UK (150) USA (1518) Volkswagen (183) Volvo (76)

About Us

Your definitive guide to the electric vehicle and renewable energy transition, offering insights, news, and analysis on EVs and green energy trends.

Top Menu

  • News
  • Reviews
  • Listicle
  • EV Sales
  • FAQ

Resource

  • Policy/Standard/Regulation
  • Glossary
  • Books
  • Expo
Subscribe to Our Newsletter

Subscribe to our newsletter to get our newest articles instantly!

EV-a2zEV-a2z
© EV-a2z. All Rights Reserved.
  • About EV-a2z
  • Terms
  • Privacy
  • Cookie Policy
  • Contact
We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept”, you consent to the use of ALL the cookies.
Do not sell my personal information.
Cookie SettingsAccept
Manage consent

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
Necessary
Always Enabled
Necessary cookies are absolutely essential for the website to function properly. These cookies ensure basic functionalities and security features of the website, anonymously.
CookieDurationDescription
cookielawinfo-checkbox-analytics11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
cookielawinfo-checkbox-functional11 monthsThe cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
cookielawinfo-checkbox-necessary11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
cookielawinfo-checkbox-others11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
cookielawinfo-checkbox-performance11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
viewed_cookie_policy11 monthsThe cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.
Functional
Functional cookies help to perform certain functionalities like sharing the content of the website on social media platforms, collect feedbacks, and other third-party features.
Performance
Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.
Analytics
Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc.
Advertisement
Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. These cookies track visitors across websites and collect information to provide customized ads.
Others
Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet.
SAVE & ACCEPT
Newsletter Tesla red
Join Us!

Subscribe to our newsletter and never miss our latest news, podcasts etc..

Zero spam, Unsubscribe at any time.
Go to mobile version
adbanner
AdBlock Detected
Our site is an advertising supported site. Please whitelist to support our site.
Okay, I'll Whitelist
Welcome Back!

Sign in to your account

Lost your password?