Japan added nearly 4 GW of new PV capacity in the first 7 months of fiscal 2013-2014

Japan's cumulative installed PV capacity topped 11.2 GW as of the end of October.

Japan installed 3,993 MW of solar capacity through its FIT program between Apr. 1 and Oct. 31, 2013, according to the latest statistics from the Japanese Ministry of Economy, Trade and Industry (METI). Of this capacity, 870 MW is represented by residential PV systems, while 3,123 MW comes from large-scale PV power plants. In the previous fiscal year, Japan added 969 MW of residential PV systems and 704 MW of PV plants for a total capacity of 1,673 MW.
Japan’s latest FIT scheme was launched on July 1, 2013 with a rate of ¥42 (42¢) per kWh for 20 years. On Apr. 1, 2013, METI reduced the FIT for PV systems to ¥37.8 (39¢) per kWh to reflect lower equipment and construction costs. Japan’s cumulative installed PV power had reached 11,226 MW as of Oct. 31, 2013.
© PHOTON

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