Is Japan losing its Solar focus? Japan has seen an unprecedented boom in solar power generation after the country shut down its nuclear power plants and started to give a generous feed in tariff (higher electricity prices) for solar electricity. This has led to 6+GW of installations in the last 2-3 years and made Japan […]
Japan to slow down on Solar Japan could be the biggest risk to solar demand in 2015, as the country is facing grid connection issues and changes in FIT. Japan has seen a massive boom in solar demand in 2013 and 2014 with generous FIT leading to a huge ramp up in solar capacity installations […]
Asia Pacific is all set to become solar champions in the second half of 2014. China and Japan continue the unabated construction of solar projects, but other than these two countries others like India, Thailand and Australia are expected to be large contributors. according to a research by NPD Solarbuzz, Asia Pacific will account 60% […]
METI to Survey The Japanese Solar Farms The Japanese solar boom has continued unabated over the last one and half years with massive FITs leading to every Tom, Dick and Harry rushing to Japan to build a solar farm. Gambling operators and Goldman Sachs have also thrown their hats into the ring. When GS invests […]
Hitachi Entering Nuclear Power The massive global backlash against nuclear energy has seen a number of top nuclear equipment manufactures like GE, Siemens, Toshiba pulling back. While Siemens and Toshiba have already announced plans to retrench from nuclear energy, GE has also voiced concerns about nuclear power being unviable compared to natural gas and renewable […]
Solar Energy in Japan has a long future dating back to 1994 when the government introduced capital subsidies to boost solar energy installations on rooftops.Till 2004,Japan was the largest solar market in the world after which it was overtaken by Germany.After 2004,the growth in the solar industry tapered off as the government reduced the subsidies for solar panels to almost zero.The huge domestic market gave rise to Japanese companies like Sharp,Mitsubishi,Kyocera,Panasonic-Sanyo become top solar panel producers in the world.However the low cost Chinese solar module producers have pushed back most of the Japanese companies.Since the last year,the Japanese government has again started giving generous solar subsidies and feed in tariff to boost the renewable energy production in the country which remains far off targets.This has led Japan to become the top non-European market after USA and the growth seems set to continue in the future as well.Japan has relatively low installations costs and is much nearer to grid parity.Also lack of wind energy makes solar energy more attractive as a renewable energy choice.While large scale solar installations in Japan are almsot absent,there remain large numbers of rooftop solar installations.