Land of the Rising Sun under new management with strong solar support proposed

Share on facebook
Share on twitter
Share on linkedin
Share on reddit
Share on email

President of the DPJ, Yukio Hatoyama, led his party to victory on a platform of wide spread social reform and increased government spending. The manifesto of the DPJ outlines numerous changes that should positively impact Japan’s domestic solar market.

1.    Fast-track the introduction of a Gross feed in tariff for renewables. (p.42 of the pdf manifesto)
2.    Subsidies for the purchase of solar panels for residential homes and other buildings. (p.42 of the pdf manifesto)
3.    Financial support to renovate existing housing to “Support barrier-free remodelling, seismic retrofitting and energy-saving renovation work such as installation of solar panels and insulation.” (p.42 of the pdf manifesto) This section also includes encouraging regulatory reform at the local government level to help eliminate barriers to installation.
4.    “Increase the ratio of renewable energy to total primary energy supply to around 10 percent by 2020” (p.43 of the pdf manifesto)
5.    Nurture technology skills through education for environment-related sectors. The solar panel subsidies are mentioned here as a way to increase employment and education.

On Aug. 19 Bloomberg correspondent, Megumi Yamanaka reported on figures from Goldman Sachs concerning what would happen to Japan’s domestic solar market should the DPJ win.

In this review Goldman Sachs analysts say that the 10% renewables target in the DPJ manifesto would require an additional 10GW of generating capacity by 2020, which could represent 680MW a year.

The top four manufacturers in Japan–Sharp, Sanyo, Mitsubishi and Kyocera–all stand to gain significantly from the change in government. Japanese consumers are famously nationalistic when selecting branded products, and the manifesto provides tax cuts that would give the average Japanese person a greater amount of disposable income. Coupled with the aggressive sounding plans to streamline the bureaucracy and subsidise solar installations, the numbers from Goldman Sachs do not appear so far-fetched.

News is also not necessarily bad for US solar companies as another part of the manifesto (p.46) speaks directly about creating a liberalised free trade agreement between Japan and the USA.

19 July 2022
As New South Wales is gearing up to become a renewable energy superpower, an exciting clean energy event is coming to Sydney. Energy Next is a free-to-attend industry event focusing on the latest renewable energy and energy management technologies, which will be held from 19-20 July 2022 at the ICC Sydney in Darling Harbour. Organised by the same people behind the country’s largest clean energy event, All-Energy Australia, Energy Next will bring a quality exhibition and technical session series to NSW. Energy Next will also host the Clean Energy Council’s Solar Masterclass with a program developed for solar designers and installers. Across two days, Energy Next will provide an extensive exhibition, workshops and networking opportunities for those working in the renewable energy industry to meet with leading suppliers, discover the latest technologies and gain an understanding of how to successfully launch new clean energy projects.
21 July 2022
The rooftop solar PV market is set for significant growth, but installers are being held back by complicated design software that is slow, cumbersome and fails to take into account rooftop shading, module compatibility and energy storage. Huawei’s SmartDesign 2.0 is a web-based PV and energy storage system tool that promises to solve all of those issues, and much more. This webinar will provide a live demonstration of the SmartDeisgn 2.0 tool, showing how installers can quickly complete Huawei PV & ESS system designs and assemble a professional report with 3D site view for potential customers, streamlining the design and sales service.
23 August 2022
Intersolar South America, South America’s largest exhibition and conference for the solar industry, takes place at the Expo Center Norte in São Paulo, Brazil, on August 23–25, 2022, and has a focus on the areas of photovoltaics, PV production and solar thermal technologies. At the accompanying Intersolar South America Conference, renowned experts shed light on hot topics in the solar industry. In 2021 – despite the Covid-19 pandemic – Intersolar South America welcomed more than 28,000 visitors and over 1,000 conference attendees over 3 days. 200+ providers showcased their products. Combining local and international expertise, Intersolar South America brings together the PV and solar thermal sector to discuss the current status and strategic trends for Latin American PV markets, as well as technology innovations and new business opportunities. Overall, distributed generation is still driving momentum in the Brazilian market.
6 September 2022
Intersolar Mexico sits at the cross-section of photovoltaics, solar heating & cooling technologies, and energy storage. The event serves as the industry’s go-to source for invaluable technology trends and premier B2B contacts in the promising Mexican solar market. From September 6–8, 2022 Intersolar Mexico together with the co-located The GREEN Expo® and Aquatech Mexico will take place in Centro Citibanamex, Mexico City.
19 September 2022
RE+ 2022 is the umbrella event that includes SPI, ESI, RE+ Power, and RE+ Infrastructure. As North America's largest renewable energy event, it's a catalyst for industry innovation that's supercharging business growth in the clean energy economy.
20 September 2022
From source to generation, from grid to consumer, the boundaries of the sector are blurring and this evolution is being shaped by established players, external disruptors, innovative start-ups and the increasingly engaged end-user. Enlit Asia is the unifying brand for POWERGEN Asia and Asian Utility Week, showcases expert knowledge, innovative solutions and foresight from industry leaders, coherent with Asian strategy to achieve a smooth transition towards a low carbon energy supply. This year, Enlit Asia will be co-located with Sustainable Energy Technology Asia (SETA) & Solar & Storage Asia (SSA).

Read Next

July 1, 2022
Hanwha Qcells’ power plant division Q ENERGY Europe has teamed up with newly rebranded Q ENERGY France to establish umbrella company Q ENERGY Solutions SE as it seeks to deepen its ties to the European market where it has a 12GW development portfolio.
July 1, 2022
The US Supreme Court has restricted the federal government’s authority to regulate greenhouse gas emissions from power plants in a ruling that critics have warned will hit renewables deployment and hobble the Biden administration’s climate agenda.
July 1, 2022
Off-grid pay-as-you-go solar provider Bboxx has partnered with telecommunications company Orange to launch a new solar mini-grid project to help accelerate clean energy access for households across the Democratic Republic of Congo (DRC).
PV Tech Premium
July 1, 2022
PV Tech Premium spoke with Cypress Creek Renewable Energy and AES Clean Energy to discuss the newly formed US Solar Buyer Consortium, its objectives, market challenges and the potential advantages it holds for US manufacturing and project development.
July 1, 2022
Energy management software company Cleartrace has secured US$20 million in a financing round to accelerate the growth of its platform.
June 30, 2022
Investor CleanCapital has acquired renewable energy developer BQ Energy, adding 300MW of late-stage solar development to its pipeline.

Subscribe to Newsletter

Upcoming Events

Solar Media Events
October 4, 2022
New York, USA
Solar Media Events
October 11, 2022
Virtual event