Adler Solar to move into Japan under new JV

Share

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.

This content is protected by copyright and may not be reused. If you want to cooperate with us and would like to reuse some of our content, please contact: editors@pv-magazine.com.

Popular content

U.S. startup offers meter socket adapter that simplifies solar, battery, EV charging connection

04 December 2024 ConnectDER has secured $35 million in Series D funding to support its meter socket adapter (MSA) business, which integrates solar, storage, EV chargin...

Share

Leave a Reply

Please be mindful of our community standards.

Your email address will not be published. Required fields are marked *

By submitting this form you agree to pv magazine using your data for the purposes of publishing your comment.

Your personal data will only be disclosed or otherwise transmitted to third parties for the purposes of spam filtering or if this is necessary for technical maintenance of the website. Any other transfer to third parties will not take place unless this is justified on the basis of applicable data protection regulations or if pv magazine is legally obliged to do so.

You may revoke this consent at any time with effect for the future, in which case your personal data will be deleted immediately. Otherwise, your data will be deleted if pv magazine has processed your request or the purpose of data storage is fulfilled.

Further information on data privacy can be found in our Data Protection Policy.