The report provides an in-depth analysis on global renewable power market and global solar PV market with forecasts up to 2025.
Solar energy is set to power Japan in the future
The solar power market in Japan has been expanding since 1990. The country remains a leading manufacturer of solar panels and ranks among the top 5 countries for the most number of solar PV installed.
This report: Solar PV Power in Japan, Market Outlook to 2025, Update 2014 - Capacity, Generation, Levelized Cost of Energy, Equipment Market, Regulations and Company Profiles provides a detailed analysis of the market and focuses on the major players, recent developments and key drivers of the solar PV power in Japan.
The Japanese government is keen to expand its solar power by providing subsidies alongwith feed-in-tariff (FIT). In December 2008, policies were announced whereby 70% of new homes had to have solar power installed in their homes. By 2009, Japan had the third largest solar capacity in the world right behind Germany and Spain. In 2013, Japan was expected to install 5 to 9 GW of solar power while the FIT was reduced to 32 Yen/kWh by April 2014.
The key players in the solar power Japan market include Kyocera Solar, Inc., Sharp Corporation, Mitsubishi Electric Corporation, Panasonic Corporation.
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