According to the data from Wood Mackenzie, by 2030, China will add 619 GW of solar power to global solar power station. China will remain leader in the region and globally, contributing over 60% of Asia Pacific’s solar PV capacity by 2030. Analysts also predict that in a statement on the Asia-Pacific region, Indonesia will become the fastest growing solar market in the region.

India will add the second largest solar energyin this ten years, by Japan, South Korea, Vietnam and Australia, but the Indonesian market will become the fastest growing market, from a small one from today’s 300MW. It is estimated to be 8.5GW in 9 years.

The Asian Development Bank last year provided a $600 million loan to the state-owned power company Perusahaan Listrik Negara to expand power supply, which will largely contribute to this rapid growth.