The top 5 countries in Asia-Pacific with an attractive wind energy inverter market

A recent study from Research and Markets revealed that, the use of inverters usually reflects the development of RE. In Australia, solar and wind energy development are equally significant. This trend is expected to continue for the next 5 years, in spite of lowering of Feed-in-tariffs (FiTs) in the country.

Southeast Asia's RE inverter market is expected to account for double digit growth from 2016 to 2021, whereby the off-grid RE inverter market will find opportunities in rural electrification projects in this region.

The top 5 countries with an attractive wind energy inverter market are Japan, Australia, South Korea, the Philippines, and Thailand.

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