Chinese ICT solutions giant Huawei has announced that it has agreed to supply 150 MW of its inverters to the Apollo Energy Group in what is its largest foray into the lucrative Japanese solar market.
Huawei has grown to become a leader in global inverter solutions over the past few years, yet entry into the high-cost, highly technical Japanese market had previously proven difficult. This deal with Apollo Energy Group which owns, operates and develops solar power plants throughout Japan is therefore seen as a landmark breakthrough in what is one of the worlds most lucrative PV markets.
Apollo Energy Group Ltd. Has itself expanded into China, Indonesia and other countries in Asia, developing a series of large-scale power plants since 2014, and has unveiled a PV development road map for Japan that will take the company through to 2016.
For Huawei, the agreement adds to the companys presence in Japan, which began last year, and is centered on the development of smart PV solutions, which place the inverter at the heart of the solar system management.
According to Huawei, its string inverters are ideally suited to meet the needs of the Japanese grid, while the intelligent monitoring solutions ensure operators can enjoy greater control and transparency over the performance of their arrays.
Since entering the solar inverter market, Huawei has enjoyed rapid growth in the sector, gaining an extra 2% share of the global market in 2014, according to data from IHS. Expansion into Japans high-price domestic market is likely to deliver even greater revenue returns for Huawei in 2015 and beyond.