Global governments could divert massive amounts of public funds from cancelled, large-scale power generation projects, such as nuclear, towards solar and other renewables to deliver consumers more value for money.
One of the first large-scale solar farms in Japan so far to be equipped with battery storage in order to meet the requirements of a local grid operator and utility, has been completed on the island of Hokkaido.
Japanese telecoms giant Nippon Telegraph and Telephone (NTT) is plotting a major renewables play in the country, investing up to US$1 billion a year up to 2030.
JP Morgan’s majority-owned multinational independent power producer (IPP) Sonnedix has brought online a 38.7MW PV plant in southern Japan, while an analyst has said the country’s solar industry continues to target cost reductions to bring it in line with global levelised cost of energy (LCOE) figures.
In this second part, we will talk about some of the companies preparing for business in the solar market in post-feed in tariff (FiT) Japan and the close links with energy storage that this market is strongly expected to rely on.
‘Solar Module Super League’ (SMSL) member, LONGi Solar is to supply its Hi-MO 4 modules with the new M6 (166mm x 166mm) wafers to a 65MW PV power plant in Japan.
Though the show was low key compared to the sometimes over-the-top, colourful and crowded affairs of previous years, at least it did take place. Andy Colthorpe reports back.
Market research firm IHS Markit believes the PV inverter replacement market will increase by around 40% in 2020, creating an 8.7GW need outside new global installations.
