Japan estimated to have installed over 8GW in 2014, says RTS PV

Share on facebook
Facebook
Share on twitter
Twitter
Share on linkedin
LinkedIn
Share on reddit
Reddit
Share on email
Email

Japan is thought to have installed over 8GW of new photovoltaic (PV) generation capacity during 2014, according to analysis and research firm RTS PV.

PV Tech spoke to Dr Hiroshi Matsukawa at the Tokyo-headquartered company and asked for his estimate of how much PV was installed during the calendar year which has just finished.

“The figures aren’t out yet, but I expect that the figure will exceed 8GW – probably,” Matsukawa said.

When asked about the final quarter of Japan’s financial year, which ends in March, Matsukawa said the dynamic of Japan’s annual PV deployment cycle under its feed-in tariff (FiT) was different to countries such as Britain which are known to experience a spike in installations in the final months of each financial year.

In the example of Britain, projects must be completed within the timeframe allotted in order to qualify for financial support schemes, usually meaning the final quarter of the financial year. This has traditionally led to scenes of PV plants being constructed quickly in challenging or difficult weather conditions as well as making market analysts’ task of accurately predicting shipments, pipelines and deployment more difficult.

“In the case of Japan, the rate of the FiT that PV plants qualify for is set at the time the project itself is approved and the equipment accredited, not when the project is connected to the electrical grid [as is the case in the UK]. So it’s not a last-minute dash to construct and connect as you might see in Germany or the UK,” Matsukawa said.  

“In terms of tax incentives, there is just one that finishes in March and there is some influence from that, but it isn’t severe enough to really cause a last-minute dash.”

Matsukawa also explained a note put out by RTS PV and widely reported by industry press before Christmas detailing the deliberations of the Japanese government’s Working Group on Grid Connection. The group had been convened by the Ministry of Economy, Trade and Industry (METI) to deal with a number of utility companies, which are also responsible for the grid, suspending the receipt of applications for new solar projects, citing an inability of the country’s regional grid system to cope with an influx of new PV generation capacity.

Matsukawa said that contrary to some reports which said the working group had ruled that 17.3GW of projects could be cancelled, this figure simply highlighted by how much the total figure of approved PV projects (just under 70GW) in Japan exceeded the available grid capacity figures given to the working group by the electric companies. In Japan, utility companies are responsible for the grid system as well as their own electricity sales.

26 January 2022
Join this free webinar for our analysis of the growth of N-Type technology including; new capacity expansions and production output. We'll also be looking at the global manufacturing footprint with forecasts on how much product will be made outside of China this year and which companies are driving technology change across the crystalline silicon value chain.
23 February 2022
Held annually since 2016, the Energy Storage Summit Europe is the place to be for senior stakeholders in the European storage industry. Designed to accelerate deployment of storage, we examine evolving chemistries, business models, project design, revenue stacks and use cases for storage. The 2022 edition will include exclusive content around longer duration solutions, energy strategies for wide-scale deployment of EVs and "EnTech", the event which sits at the intersection of digitisation, decentralisation and decarbonation of the power system. Come to meet TSOs, DSOs, Utilities, Developers, Investors and Lenders and leave with new contacts, partners and a wealth of information.
7 March 2022
Take your chance to join the most powerful platform in the MENA region. Middle East Energy (MEE), Intersolar, and ees, the leading energy exhibitions are joining hands to co-deliver an outstanding renewables and energy storage event at Middle East Energy 2021. Renewables and energy storage at MEE is the largest gathering of solar and renewable energy industry professionals in the Middle East & Africa, offering the most effective trade focused platform to international manufacturers and distributors looking to meet regional buyers.
8 March 2022
As Solar Finance & Investment enters its ninth year, we sit on the cusp of a new power market with solar at its heart. The 2022 edition of the event will build on our years of expertise and relationships to bring investors and lenders together with top developers. Connect with leaders in the field and use exclusive insights to drive investment and development decisions for the future. Meet new and existing project partners at the largest gathering of European solar investors and lenders.
23 March 2022
When it comes to storage, the US market exceeded a gigawatt of advanced energy storage installations (weighted towards lithium ion) at 1.46 GW, more than the previous six years in total! An exponential growth rate could see the market hit 7.5 GW p.a. by 2025. The summit will provide a wealth of content around this vital piece in the US power puzzle, with sessions dedicated to explore how companies are making money from batteries, the latest chemistries and their applications as they apply to different use-cases. We ask how investors can match ESG criteria to batteries and we will bring case studies of successful deployment and project execution onto the stage to examine how you can ensure your own projects are successful.
29 March 2022
Now in its 10th sell-out year, Large Scale Solar returns to Lisbon in 2022. We are excited to gather together face-to-face with the European solar industry as we provide unique and exclusive access to a powerful selection of the market's key stakeholders. Join this elite summit to find out how the market is maturing, which new markets are becoming more exciting, how technology is evolving and who's driving the market forward into the 2020s. Always senior, packed with developers, EPCs, utilities and investors this is the event for companies serious about European solar PV.

Read Next

January 21, 2022
Toronto-based renewables developer Amp Energy has closed on a US$350 million credit facility to advance on a global portfolio of renewables and battery energy storage assets.
January 21, 2022
India is at risk of a supply and demand mismatch for solar equipment if domestic PV manufacturers are unable to meet the quantity and quality required by project developers, Fitch Solutions has warned.
January 21, 2022
The European Commission has launched a public consultation on solar energy on the continent as it continues preparations to publish its solar strategy later this year.
January 21, 2022
US solar installer SunPower is to be hit by a cracking issue discovered in connectors associated with equipment installed in some commercial and industrial (C&I) projects, resulting in charges of around US$31 million.
PV Tech Premium
January 21, 2022
Greece is on track to accelerate solar deployment in the coming years, with the sector boosted by rising demand for renewable offtake agreements from corporations and clean energy policies from the EU, according to the general manager of Greek industrial group Mytilineos’s renewables business.
January 20, 2022
Mississippi authorities have expanded the state’s net metering programme to improve total compensation rates for solar customers and prioritise the adoption of distributed PV for low- to moderate-income (LMI) households.

Subscribe to Newsletter

Upcoming Events

Upcoming Webinars
January 26, 2022
Free Webinar
Solar Media Events
February 23, 2022
London, UK
Solar Media Events
March 8, 2022
London, UK
Solar Media Events
March 23, 2022
Austin, Texas, USA
Solar Media Events
March 29, 2022
Lisbon, Portugal