Adler Solar to move into Japan under new JV

As the Japanese PV market continues to be a powerhouse across all application segments, with IHS expecting between 8 GW to 9 GW of installations to have been realized in 2014, international suppliers and service providers continue to move into the market. Germany’s Adler Solar announced an agreement today that will see it offer a range of services in the market. It will do so in partnership with local solar EPC Yokohama Kankyo Design (YKD).

Adler Solar is predominately an EPC and O&M provider, having developed of 1 GW of solar arrays throughout Europe. Its subsidiary BEC Solar provides a suite of upstream, technical, due diligence and after-sales services.

Adler Solar expects that the booming utility-scale PV market in Japan will continue to deliver a large volume of demand, while its maturation will require higher levels of technical and engineering support. This includes after-sales support and inspection services.

“With the brilliant network and the long-time market knowledge of YKD on the one hand and our expertise and broad experiences on the other, we will be a competent full service provider in the Japanese market,” said Adler Solar’s Gerhard Cunze.

Adler Solar and YKD signed a letter of intent in December to formalize the JV plans.

There have been recent concerns as to the outlook of the Japanese PV market due to grid capacity constraints, however BNEF solar analyst Jenny Chase told pv magazine she does not expect them to impact the market until 2017.