China installs 2.9 GW in 2011, leads Asian PV market growth

Solarbuzz
China's solar photovoltaic (PV) market grew five-fold to reach 2.9 GW in 2011, as part of a total of 6 GW of PV installed in the Asia Pacific region during the year.
"The China PV market was reshaped in 2011 by the release of the national FIT," said NPD Solarbuzz Analyst Ray Lian. "Approximately 1 GW ground mount projects were installed in the Qinghai province alone."
Japan [is] the second-largest market in the region: PV market grew 30% in 2011 to 1.2 GW. [Although Japan's 2012 FIT arates have yet to be announced] the Japanese market will grow an additional 40% in 2012.
India has also emerged as a significant market [where] installations grew by 125% in the fourth quarter of 2011 as developers attempted to complete projects by deadlines. (...) During the full year 2012, the company predicts that India will approach a 1 GW market.
In contrast (...) the Australian market is contracting, with a 10% decline in the fourth quarter of 2011 [and] will fall a further 20% in the first quarter of 2012 due to a reduction of a number of incentives.