Major companies urge Japan to strengthen 2030 renewables objective
Minister Yoshihide Suga last year set a 2050 due date for Japan to become carbon-neutral, but the country's much shorter term renewables objective has long
Jan 18, 2021 // Markets & Finance News, Japan, Panasonic, Asia, Sony, Nissan, yoshihide suga
Auction winner: Interconnection constraints limiting big solar in Japan
is already well known that utility-scale solar is hit by land constraints in Japan. However, Eva Pauly, International Project Development Director at
Jan 29, 2020 // Markets & Finance News, Japan, FiT, utilities, Asia, auction, interconnection, METI, curtailment, energy transition, Constant Energy, ciel & terre international, franck constant, Eva Pauly
SolarEdge gets JET qualification in Japan
actually opened up a technological as well as screening centre in Yokohama, Japan, SolarEdge anticipates to be able to bring brand-new items to the
Feb 10, 2020 // Manufacturing News, Japan, Asia, SolarEdge, residential, pv inverters
Pattern Energy Shuts Financing of Largest Wind & Solar Power Fund in Japan
Energy's affiliate in Japan, Green Power Investment Corporation (GPI), will certainly handle the fund and is also among its biggest capitalists. Financiers
Jan 20, 2021 // Markets & Finance News, Japan, Asia, pattern energy, Mike Garland, Futtsu Solar, Kanagi Solar, Ohorayama Wind, Otsuki Wind, Tsugaru Wind
Total begins work on 52 MW solar park in Japan
capacity solar project Total Solar International has started work on in Japan will use 116,000 high-efficiency Maxeon solar panels supplied by U.S.
Oct 9, 2019 // Manufacturing News, Plants, Large-Scale, Commercial, Japan, SunPower, Asia, Julien Pouget, Total Solar International
Japan sets feed-in tariffs for the 2020 Japanese Financial Year
was presented to kick-start the marketplace in the wake of the Great East Japan Earthquake of 2011 which resulted damage to Fukushima Daiichi nuclear power
Feb 6, 2020 // Markets & Finance News, Tariffs, Japan, Asia, rooftop PV, feed-in tariffs, third-party ownership
Japan to provide $330M for Qatar huge solar power plant
Japan will provide economic assistance to assist build among the world's largest solar power plants in Qatar, regional media reported on Thursday. According to Kyodo News, the state-backed Japan Bank for International Cooperation (JBIC) and also Mizuho Bank will prolong a $330 million syndicated financing for the 800-megawatt job in Al Kharsaah, a town in western Qatar. "This finance is anticipated to contribute to more fortifying of the multilayered economic connections between Japan and also Qatar," JBIC claimed in a declaration. A consortium of Japanese company Marubeni Corporation, French oil giant Total, and a Qatari energy company will certainly have and manage the solar power plant, which is slated to be practical by April 2022. The consortium will certainly offer electrical power for 25 years to Qatar General Electricity and also Water Corporation, according to the declaration. The facility will utilize double-sided photovoltaic or pv panels that "can additionally absorb sunshine shown by the ground onto their back side," it included. The job belongs to Qatar's strategies to diversify its power resources, with the liquefied all-natural gas-rich Gulf country aiming to raise the percentage of renewable resource in its overall power generation to 20% by 2030.
Aug 13, 2020 // Plants, Large-Scale, Commercial, USA, Japan, Asia, Qatar, Total, North America, PV Power Plant
Agricultural PV becomes Japan's following possibility
April 2020, the very first month of the fiscal year in Japan, new rules went into effect for the feed-in toll (FIT) program. The vital adjustments are
Jun 2, 2020 // Opinions, Japan, Asia, Izumi Kaizuka
Renewable energy public auctions in Japan: Context, style and outcomes
energy mix, renewable resource technologies have become a main element in Japanese power and also power planning. Auctions, at the same time, have actually
Jan 26, 2021 // Market Research, Japan, Asia, IRENA, auction
JRE 'diversifying financing' for 200MW solar in Japan
relocation comes throughout a period of recession in the massive solar area in Japan, where the federal government's attempts to bring in big PV capabilities at
Feb 5, 2020 // Markets & Finance News, Japan, Asia, JRE, sumitomo, smfl, kagoshima, kumamoto
Sungrow Products 21 MWh Solar-plus-Storage Plant in Japan
project occupies around 85 hectares in the most north of Japan's major islands, Hokkaido, which has seen the prolific implementation of renewable resource.
Feb 8, 2021 // Plants, Large-Scale, Commercial, Storage, Inverters, Japan, Sungrow, Asia, pv inverters, International, Projects, Solar Farms, Energy storage systems, NCM batteries, Sun Xiao
Embrace clean energy or risk US$71bn in stranded coal assets, Japan told
Japan risks saddling its citizens with an inefficient, economically obsolete power fleet if it doesn’t rethink its current plans for a large-scale roll-out of new coal, experts have warned.   The Asian state could find itself with US$71 billion in stranded coal assets if it ends up deploying the multi-gigawatt pipeline of the fossil fuel under development in the country, according to analysis from the Carbon Tracker initiative.   In a report this week, the thinktank said the 11GW of new coal Japan has either pre-authorised, authorised or started building would need to be retired ahead of schedule for the country to meet its goals under the Paris Agreement on climate change.   The country – the world’s fourth largest power consumer – could immediately save US$29 billion if it reconsiders now the 11GW pipeline of new coal, according to Carbon Tracker analysts, who urged Japan to embrace instead increasingly cheap renewables.   The thinktank modelled clean energy prices over the next decade and found PV’s levelised cost of electricity (LCOE) could almost halve between today (nearly US$120/MWh) and 2023 (over US$60-plus/MWh), becoming cheaper than new coal plants at that point.   By 2025, according to Carbon Tracker’s estimates, solar PV LCOEs could have fallen below the US$60/MWh mark and outcompete existing coal generation. Off- and onshore wind could reach the same milestone at different points through 2027, the firm said.   World's third priciest PV market moves to auctions   The report – written alongside NGO CDP and Tokyo University’s Institute for Future Initiatives – called on Japan to tap into the strong clean energy economics, promoting growth by adopting anti-discrimination, pro-transparency regulations for the energy market.   The country may have so far given fossil fuels an “unfair advantage” – with baseload design shielding coal against clean energy cost declines – but could now add to its long track record of “technological prowess” by backing innovations such as battery storage and demand response, the paper said.   The claims that Japanese solar will reach grid parity by 2025 come amid similar predictions across the world. Earlier this year, IRENA reviewed renewable projects and PPAs and found 83% of the utility-scale PV pipeline commissioned for 2020 will outcompete the cheapest fossil fuels.   Japan has been, however, singled out so far as one of the world’s priciest PV markets. Where IRENA identified PV costs of US$793/kW and US$870/kW in India and Italy in 2018, it assigned US$2,101/kW to Japan, the third highest figure worldwide.   Analysis by Fitch Solutions warned in May of the uncertain outlook for utility-scale PV as Japan changes its clean energy policy approach. Roll-out, the firm said, will tank n as the new auction scheme is failing to produce prices able to replace the loss of feed-in tariffs.   Project update: Total breaks ground on 52MWp PV plant in Osato   In Japan, the thinktank recommendations on clean energy policy came as the country witnessed the launch of construction works for a utility-scale PV project in the northeast.   On Tuesday, Total Solar International said it has now broken ground on a 52MWp solar plant near the town of Osato, a five-hour drive northeast of capital Tokyo.   The plant in the Miyagi prefecture has already achieved its financial close and is scheduled to start supplying the grid in 2021, the firm explained in a statement.   The installation is, Total said, designed to comply with Japan’s anti-earthquake standards and will boast some 116,000 of SunPower’s Maxeon solar panels.   According to the developer, the so-called Miyagi Osato Solar Park represents its third and largest PV venture so far in Japan.   The project – co-owned between Total Solar (90%) and a Japanese subsidiary of the Softbank Group (10%) – pushes the firm’s cumulative PV capacity past the 100MWp mark in Japan.     According to Total Solar, the Otaso ground-breaking follows the operational launch of 27MWp Nanao Power Plant in 2017 and 25MWp Miyako Solar Park in 2019.
Oct 8, 2019 // Plants, Large-Scale, Commercial, Markets & Finance News, Storage, Japan, SunPower, utility-scale PV, Asia, coal phase-out, total solar, thinktank, carbon tracker, japan solar
Canadian Solar Starts Building on 143 MWp of Solar Projects in Japan
100 MWp. The Azuma Kofuji project is Canadian Solar's biggest project in Japan to day and also is also expected to be amongst the biggest in the country. The
Apr 8, 2021 // Plants, Large-Scale, Commercial, Japan, Canadian Solar, Asia, Dr. Shawn Qu, solar projects
As Solar and Wind Become Cheaper, Japan Faces Billions in Stranded Coal Assets
of solar and wind energy could generate $71 billion in stranded coal assets in Japan by 2025, according to a new report from the Carbon Tracker Initiative, a
Oct 9, 2019 // Markets & Finance News, Japan, Asia, University of Tokyo
Canadian Solar Finishes 61 MWp Solar Portfolio Sale in Japan
transactions attested CSIF as one of the biggest noted framework funds in Japan with over JPY 80 billion (US$ 740 million) of operational solar properties
Mar 9, 2021 // Plants, Large-Scale, Commercial, Markets & Finance News, Japan, Canadian Solar, Asia, PV Power Plant, International, Shawn Qu