Taipei, Thursday, October 30, 2014 22:59 (GMT+8)
partly cloudy
Taipei
25°C
Digitimes Research: Japan 2013 solar installations to reach over 3GW
Kristina Shih, DIGITIMES Research, Taipei [Monday 25 March 2013]

The Japan government continues to promote the use of renewable energy and lower the percentage of electricity generated from nuclear power. In July 2012, the government announced a full buy-back scheme which successfully stimulated solar installations. Installations in the fourth quarter of 2012 alone reached over 1GW and the total 2012 installations showed an on-year increase of about 200%. A new feed-in-tariff (FIT) will become effective in April 2013. Under the new scheme, the FIT for solar PV systems under 10kW is lowered to JPY38/kWh (US$0.40/kWh) and the FIT for systems above 10kW is lowered to JPY37.8/kWh. Ahead of the cuts, the Japan market has been experiencing a surge of installations.

Digitimes Research predicts the total solar installations in Japan to reach 3.2-3.5GW in 2013.

Due to geographical limitations and high population density, the Japan market mainly focuses on residential solar PV systems. The government has also simplified procedures by allowing online applications for small-size solar PV systems under 50kW. Japan has also been promoting large-size solar PV system projects by expanding subsidies, which has attracted many investors, and the market share in fourth-quarter 2012 of large-size solar PV systems was comparable to residential systems. However, large-size installations have many construction restrictions, and therefore demand has not been as high as rooftop systems and the market has been reaching saturation. Many firms still focus on the residential segment in Japan.

The Japan market offers many opportunities for solar firms as other markets are currently engaged in a trade war. Japan-made solar products do not have stronger quality or efficiency compared to brands from other countries, and at the same time China-made products have been gaining market support. Hence, it remains to be seen whether local firms will benefit from the government subsidies.

Realtime news
  • ASE nets NT$1.98 per share for January-September

    Bits + chips | 1h 52min ago

  • Taiwan ODMs, component makers eye orders from China mid-range, high-end smartphone vendors

    Mobile + telecom | 2h 55min ago

  • Hermes Microvision posts January-September net EPS of NT$25.13

    Before Going to Press | 2h ago

  • Standards committees and industry consortia working through number of video standards to support Ultra HD

    Before Going to Press | 2h 4min ago

  • LG Display develops 5.3-inch Full HD LCD panel for smartphones with 0.7mm bezel

    Before Going to Press | 2h 5min ago

  • TDDI may push down touch IC, LCD driver IC prices in 2015

    Before Going to Press | 2h 59min ago

  • LCD TV sales expected to reach 5 million during holiday period in North America

    Before Going to Press | 3h ago

  • Innolux expects global Ultra HD TV shipments to reach 30 million in 2015

    Before Going to Press | 3h 17min ago

  • Taiwan market: BenQ aims to sell 20,000 curved Full HD WCG TVs in 2015

    Before Going to Press | 3h 20min ago

  • Powertech, Walton Advanced expected to see slight sequential drops in 4Q14 revenues

    Before Going to Press | 3h 23min ago

  • MLS, Unity Opto expand LED lighting capacities

    Before Going to Press | 3h 27min ago

  • Innolux capex to reach NT$20 billion in 2014

    Before Going to Press | 3h 28min ago

  • Innolux will continue to invest in a-Si and IGZO panel technologies, says chairman

    Before Going to Press | 3h 29min ago

  • Digitimes Research: Global top-6 notebook vendors to share 81.7% of 2015 global shipments

    Before Going to Press | 3h 46min ago

  • Grand finals of MSI Beat IT 2014 Global to be held in Taipei

    Before Going to Press | 3h 47min ago

  • HP-Foxconn server joint venture starts competing for data center orders

    Before Going to Press | 4h 33min ago

Pause
 | 
View more
DIGITIMES Research Tracker Services
Greater China touch panel shipment forecast through 2015
  • 2014 global high brightness LED market, trends and shipment forecast

    For the global LED lighting market, the market size will reach US$25.82 billion in 2014 or a market penetration rate of 23.4%. This is attributable to exponential shipment growth for light bulbs, tubes, and directional lamps.

  • Greater China touch panel shipment forecast through 2015

    This Special Report provides forecasts through 2015 for Greater China touch panel shipments with breakdowns based on technology (glass, film, resistive), application (smartphone, NB and tablet) and by firm.

  • 2014 global tablet demand forecast

    This report analyzes the main players, their strategies and shipments forecasts for 2014, as well as other factors contributing to either growth or decline in various segments within the tablet market, with a particular focus on Apple, Google, Samsung, and Microsoft, along with whitebox vendors.