Featured in Gaining Traction – 02-2022

After the FITs

Japan’s PV sector remains the third largest in the world in terms of installed capacity, at some 78.5GW, making it one of the leading global PV marketplaces in the last decade. But as the world races to install more solar, it is one of the few markets in recent years that has charted a decline in new installs. An approach involving numerous government agencies is looking to restart the market, and not purely based on feed-in-tariffs (FITs), says Izumi Kaizuka, the director and principal analyst at RTS Corp.

By

Jonathan Gifford

11 Feb 2022

Izumi Kaizuka: “while electricity charges are expected to increase because of surcharges for FIT and fuel prices, on-site PPAs can fix the electricity price and give merit for electricity users.” | Image: RTS Corporation

pv magazine: The Japanese PV marketplace is one of the few globally that is declining year on year. What are the figures for installations in 2021?Izumi Kaizuka, director and principal analyst, RTS Corp: Last year the market size was 6.5GW, although that is a preliminary number and might change, but at least 6.5GW based on …

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