Total installed solar capacity in the region was 80.3 GW in 2015, representing around 35.4% of the world’s solar generating capacity. Top countries per installed capacity include China (43,062 MW), Japan (33,300 MW), South Korea (3,173 MW), Taiwan (800 MW) and Mongolia (5 MW). Electricity generation from solar peaked in 2014 in the following countries: China (25,007 GWh), Japan (26,534 GWh), South Korea (2,729 GWh) and Taiwan (552 GWh).

China is the world’s producer of PV power and solar thermal and added over 15 GW of PV in 2015, with a target of 150 GW solar PV installations by 2020. Both small scale projects and large scale utility facilities have been supported by generous feed-in tariffs. At the moment, China is planning to build the largest solar panel farm to produce 2 GW of energy. The country is set to triple its solar capacity by 2020 by adding 15 to 20 GW each year for the next five years, bringing the total capacity to 140 GW. Japan has a renewable energy target of 22-24% by 2030, out of which 7% is expected to come from solar PV installations. The country’s most impressive solar project is the 13.7 MW floating solar power plant which will come online in 2018 and include 51,000 solar modules located over the Yamakura Dam reservoir. Despite the push for solar in the past few years that developed the market, solar energy is still a small percentage of Japan’s energy mix, at about 3.4% in 2015. As subsidies are being gradually retracted, the solar market is expected to stall or shrink. South Korea installed in 2015 around 1 GW of new solar capacity under the government’s ‘New and Renewable Energy’ plan to boost the share of renewable in the energy mix to 11%.

Solar Installed Capacity

Solar Installed Capacity79.5GW

Solar Installed Capacity by region

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Solar Installed Capacity by country

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