Featured in As simple as IBC – 03-2023

Still big in Japan?

A flat year for solar installation numbers in Japan could be seen as positive in a nation switching to new PV business models, writes Izumi Kaizuka, director of research for Japanese solar consultancy RTS Corp.

By

pv magazine

09 Mar 2023

As Japan moves away from feed-in-tariffs, new business models for solar are being introduced. This includes developing projects that sell solar energy direct to companies via off-site PPAs. | Photo: Sumitomo Corporation

Japan is estimated to have had a 6.5 GW solar market in 2022, supported by the Ministry of the Environment’s (MoE) feed-in tariff (FIT) and feed-in premium (FIP) programs, which expired at the start of 2022. This capacity is comparable to the volume of solar generation capacity that was deployed in 2021.With power purchase agreements …

This article is part of pv+

Subscribe digitally to unlock exclusive investigative reporting, expert insights, in-depth analysis, and premium background coverage. Your subscription also includes full access to the digital edition of our magazine.