In a bid to further expand its distribution scope, Solarfun has signed a photovoltaic module supply agreement with Fujimi Fine Technology for the non-exclusive delivery of Solarfun’s products in Japan for a total period of one year.
Peter Xie, Solarfun CEO said, “With the new incentives and subsidies that were passed by Japan’s government in November 2009, Japan is now a sizeable and growing market. This cooperation with Fujimi Fine Technology expands our business reach in Japan, which historically was one of the hardest markets to penetrate for Chinese companies.”
“Our products meet international quality standards and incorporate state-of-the-art technology. We believe our products will be attractive for Japanese customers and we are pleased to have the opportunity to work with Fujimi, a company known for its value-added, local and high levels of customer service in Japan,” continued Xie.
Ouyang Yu, Asia Pacific sales vice president and general manager of Solarfun said, “Japan had been the largest producer of solar cells before it was surpassed by Germany in 2005. Incentives and subsidies in Japan resumed in 2009, triggering a doubling of PV installations that year. Nearly 90% of shipments to Japan are estimated to be for household use. With this agreement, we will boost our presence in Japan and be able to access this large retail on- and off-grid market.”
Hironori Watanabe, president and CEO of Fujimi Fine Technology said, “This partnership with Solarfun will allow us to offer our customers modules with high quality and high efficiency at a discount to equivalent modules that are available from Japanese manufacturers. The Japanese government is formulating a plan for a 10-fold increase in solar power generating capacity by 2030. As part of this plan, the government will try to halve the price of a solar power home system in the next three to five years. With this relationship with Solarfun, we believe we will be able to help meet market demand in Japan.”