The Japanese market continued its trend of slowing down this fall, according to the latest figures by the Japan Photovoltaic Energy Association (JPEA). JPEA’s recently released figures for the second quarter of fiscal year (FY) 2016, which runs from July through September, show domestic shipments of 1.66 GW, 94% of the level in Q2 FY 2015.
This followed a very slow Q1, for which JPEA reported only 1.18 GW of domestic shipments. And while in Q2 residential and commercial and industrial (C&I) solar levels fell 16% and 26% year-over-year, respectively, the utility-scale sector grew 10%.
JPEA statistics also show imports rising to 65% of domestic shipments during the quarter, the highest level since Q2 FY 2015.
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