Its All About Power Sector

Japan solar PV market has witnessed a high growth since the government introduced the feed-in tariff (FiT) scheme in June 2012 for grid connected solar PV. Country has a robust supply chain for solar PV with local manufacturers producing quality solar panels.

Japan is leader among the countries initiated R&D and development plan for solar PV. In 2004, it was crowned as a first country to achieve one Giga-watt (GW) of cumulative solar PV installation. However, solar PV deployment slowed in mid-2000s due to the country’s ten-year energy plan focusing largely on nuclear generation expansion program to achieve approximately 30% by 2011.

Despite high dependence on imports to cater domestic energy requirement, Japan is ranked fourth largest energy consumer globally. The electricity development market roadmap was driven by nuclear power before Fukusima accident. Considering the issue of energy security climate change and more importantly Fukushima disaster on March 11 2011, Japan has changed its energy policy to align it with renewable development.  …….To read complete article CLICK HERE.