Solar will likely play a major role in achieving Japan’s policy goal of reducing greenhouse gas (GHG) emissions to zero by 2050 and could reach 130GW to 160GW in cumulative deployments by the 2030 financial year.
Partly to serve a major new industrial park, Japanese utility and grid operator Tohoku Electric Power will buy the power generation from a newly completed 28MW solar farm in Miyagi Prefecture, Japan, Kyocera Corporation has announced.
The prospect of Japan introducing a tender system for large-scale solar project rights from this year does not phase international companies doing PV business in Japan, who have said they are ready for the new policy.
Japan is set to lower its levels of feed-in tariff (FiT) payments once again, while a multi-gigawatt pipeline of unbuilt large-scale PV projects will be “cancelled” at the beginning of April.
