Solar suppliers Proinso has extended its PV modules operation in Japan by opening a new branch in Tokyo.
The company said the new branch formed part of its strategy to focus on new international markets, with at least 88% its income is generated from international sales through its network of branches in Japan, Greece, Italy, US, UK, Spain, Canada, China, Australia, India and Thailand
In the wake of the Fukushima nuclear disaster, Japan implemented feed-in tariffs to promote renewable energy, expecting resulting drops in demand for nuclear power.
Japan is in the top-five ranking for countries with the largest PV solar capacity: 7,000MW installed as of late 2012. The market is expected to grow over the next years, in a country where 800,000 new homes are built on an annual basis and where solar PV installations are 80% residential and 20% non-residential.