Japan’s Growth in Domestic Solar Shipments Slows in Fiscal 2014

(Bloomberg) — The growth in Japan’s domestic shipments of
solar modules slowed to 7.8 percent last fiscal year after more
than doubling in the previous corresponding period, data from
the Japan Photovoltaic Energy Association showed.

Local shipments totaled 9,216 megawatts in the year ended
March 31, the association said. That compares with 8,546
megawatts in fiscal 2013.

Demand for solar products for residential rooftops was the
strongest part of the market until the introduction of an
incentive program for clean energy in July 2012. Since then,
large-sized projects have gained favor.

Shipments for industrial and commercial solar such as
large-scale stations exceeded those for residential in the
October-December period in 2012 and the trend continues, the
association said.

For the three months to March 31, domestic module shipments
fell 2 percent to 2,709 megawatts from a year ago.

The data was compiled from 40 companies such as Panasonic
Corp. and Kyocera Corp.

To contact the reporter on this story:
Chisaki Watanabe in Tokyo at
cwatanabe5@bloomberg.net

To contact the editors responsible for this story:
Reed Landberg at
landberg@bloomberg.net
Iain Wilson, Jason Rogers

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