Japan’s PV market in motion

The new feed-in tariff for solar power in Japan is up to 42 yen - depending on the overall capacity of the system - and producers will receive the tariff for up to 20 years. As a result, experts estimate the 2012 Japanese PV market to nearly double the country’s 2011 market volume. Accompanying that growth will be a commensurate rise in imported components from abroad. That goes for both residential systems, which until now have comprised 2/3 of Japan's PV market, and for utility-scale systems, which are the target of increasing investment from numerous construction companies and other firms. The new policy has given a boost to PV expansion in Japan which could open up new opportunities for German firms as well. This is particularly true of companies with products that stand out from the mainstream for their innovative system technologies or other unique characteristics.

Peter Beck, ECOS Japan Consult

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