Still, countries with high direct normal irradiance (DRI) like Australia, Thailand, and Malaysia can expect CSP to be a competitive source of power by 2020. This will only be possible with long term funding for research and development, along with the introduction of more support schemes.The drastic fall in panel prices have also led to heavy losses for several original equipment manufacturers. To avoid bankruptcy, module producers are looking to merge with polysilicon companies or diversify into the upstream or downstream segment of the value chain. "Focus on better efficiency and productivity is crucial for module producers' market sustenance, since several low-cost Chinese products are expected to flood the Asia-Pacific market," concluded Krishnan. "Supply chain participants must develop new technologies that integrate large PVs into flexible and efficient grids to enable these systems to mature into the mainstream." If you are interested in more information on this research, please send an email to Donna Jeremiah, Corporate Communications, at firstname.lastname@example.org, with your full name, company name, job title, telephone number, company email address, company website, city, state and country. Solar Power Markets in Asia-Pacific is part of the Energy & Power Growth Partnership Services program, which also includes research in the following: Attractiveness Analysis of the Southern Cone Wind Turbine Markets, Market for T&D Maintenance Services in Asia Pacific, European Nuclear Power Sector, and Chinese Power Distribution Market. All research services included in subscriptions provide detailed market opportunities and industry trends that have been evaluated following extensive interviews with market participants. About Frost & Sullivan Frost & Sullivan, the Growth Partnership Company, works in collaboration with clients to leverage visionary innovation that addresses the global challenges and related growth opportunities that will make or break today's market participants.