Press Releases
Specialist fair for solar/photovoltaic technology answers demand in Asia-Pacific for renewable energy
October 2010 sees the return of World of Solar, which made its debut in 2009 as a ‘fair-within-a-fair’ at electronicAsia. In its 2009 edition, the fair presented 570 exhibitors from 12 countries and regions, who had the opportunity to meet with over 30,000 top quality buyers from 143 countries and regions.
The International Exhibition and Conference for Solar & PV Technology, World of Solar, responds to the huge upsurge in demand for this technology, as well as the overwhelming need for related information, in the Asia-Pacific. The event rounds out the exhibitor profile of electronicAsia, which is the regional trading hub for components, assemblies, electronics production and display technologies.
As well as providing much-needed sourcing opportunities in solar/photovoltaic technology, World of Solar brings together some of the world’s leading voices in energy conservation and alternative energy sources. Their presence makes both the fair and the concurrent World of Photovoltaics Conference a highly significant forum in the Asia-Pacific.
The opportunities in Asia for solar and PV technology are enormous yet there is limited access to the resources necessary to implement the technology. World of Solar addresses this need by bringing under one roof a comprehensive offering of the latest solar technologies, components, products and services, photovoltaic and renewable energy equipment, engineering and technology.
The conference complements this with discussions on implementation measures, the regulatory environment, market potential and other current opportunities and challenges. Additionally, the fair’s exhibitors take the opportunity to host their own technical forums and workshops.
“Soaring growth” is the description applied to the Southeast Asian solar/PV market by analysts Frost & Sullivan in a recent report (“Southeast Asian Solar PV Systems Market Outlook”) quoted in Global Solar Technology South East Asia - Spring 2010. The report attributes this surging demand to increasing awareness, global decline in price, strong government support and use of solar power in rural situations.
According to the report, stronger government support through policies, fed-in-tariff schemes and other development programmes have resulted in gradual uptake of solar PV systems both for on-grid and off-grid applications, “and not forgetting attractive profit margins are strong factors which are likely to entice new entrants into the Southeast Asian markets.”
Frost & Sullivan said that the solar/PV market in Southeast Asia was not impacted by the global financial crisis and recorded revenues of $99.6 million in 2009, with revenues expected to hit US$255 million in 2016.
Since the first edition of World of Solar in October 2009, interest and enthusiasm for solar/PV technology has only increased, with the global PV market expected to grow by an estimated 8,000MW between April 2011 and March 2012.
The success of World of Solar is firmly based on this increasing demand for renewable energy.
The organisers of World of Solar 2010, MMI Asia Pte Ltd (MMI) and the Hong Kong Trade Development Council (HKTDC), will be networking with industry leaders during Intersolar Europe to highlight the enormous possibilities of the Asia-Pacific solar/PV market and the role of World of Solar in opening up this market. MMI & HKTDC will also hold a press conference for media representatives.
Additional information about electronicAsia 2010; World of Display Technology 2010 & World of Solar 2010 is available at http://electronicasia.com
Additional information about Hong Kong Electronics Fair (Autumn Edition) 2010 is available at http://hkelectronicsfairae.com
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References:
electronicAsia 2010; World of Display Technology 2010 & World of Solar 2010:
electronicAsia is the elite platform that continues to present the prospects of the dynamic Asia Pacific market to buyers and sellers in the electronics sector. electronicAsia holds an impressive track record as the performance arena for industry players to expand their market share through the top opportunities in Asia Pacific’s electronics markets. And electronicAsia is once again held concurrently with Hong Kong Electronics Fair (Autumn Edition) – World’s biggest electronics show which is organised by HKTDC. It is also held concurrently with 3 related theme-events, namely “World of Display Technology”, showcase for a great range of display technologies and innovations, “Hong Kong Metal Parts and Components Pavilion” and the special feature, “World of Solar”, the International Trade Fair for Solar Energy, Photovoltaic & Renewable Energy Equipment, Engineering, Technology & Services.
electronicAsia is co-organised by Hong Kong Trade Development Council and MMI Asia Pte Ltd.
Hong Kong Trade Development Council
Tel: +852 2240 4049 Fax: +852 2169 9193
(Contact: Ms. Hermia Chan)
MMI Asia Pte Ltd
Tel: +65 6236 0988 Fax: +65 6236 1966
(Contact: Ms. Ong Lee Fund)
Tel: +852 2511 5199 Fax: +852 2511 5099
(Contact: Ms Joanna Wong)
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