Spurred on by favorable government policies and incentives, several Asia-Pacific countries outside of China – such as Thailand, Indonesia, Japan, the Philippines, and Malaysia – have begun to make large-scale investments in solar power projects, according to a
new report by Frost & Sullivan.
The prospects are also attracting the attention of manufacturers in the US and Europe, which are scouting for newer markets in which to conduct business, following the oversupply of solar panels at home.