24 Mar '14, 7pm

Japan installed 587 MW of solar PV in December 2013

Japan's Ministry of Economy, Trade and Industry (METI) reports that the nation installed 94 MW of residential and 493 MW of “non-residential” PV solar photovoltaics (PV) during December 2013 under its feed-in tariff. This is roughly the same amount installed in November 2013, and brings Japan to 5.17 GW of PV installed in the first nine months of the nation's fiscal year 2013. This translates to roughly 7 GW annually, in line with the estimates of market analysts. Since the introduction of its feed-in tariff in July 2012, Japan has installed 6.84 GW of PV, most of which is in the “non-residential” category, including commercial, government, industrial and utility-scale PV. Japan had roughly 5.6 GW of PV when the feed-in tariff was implemented, bringing the nation to a cumulative installed PV capacity of 12.4 GW. ROI of 8-12% even under feed-in tariff cuts Japan became the ...

Full article: http://www.solarserver.com/solar-magazine/solar-news/curr...

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