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Monthly PV News Review - November,2014

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Keywords: Japan, Solar O&M market

Japan’s Growing Solar O&M Market

Japan has installed almost 11 GW of photovoltaic (PV) capacity in just two years after the introduction of the feed-in tariff (FIT) program. This amount is equivalent to twice as much as the cumulative capacity installed over the two decades before the FIT. Besides over 16.5 GW of installed PV capacity, Japan has close to 70 GW of reserved PV capacity under the FIT as of July 2014.

Although the non-residential segment represents 57 percent of the existing installed capacity, it represents 96 percent of the reserved capacity. The fast-growing non-residential PV capacity makes Japan one of the hot markets for PV Operations and Maintenance (O&M) services.

Fuji Keizai Co., a research and consulting company, forecasted that the 2013 non-residential PV O&M market in Japan will almost quadruple by 2020. The research firm specifically projected that the maintenance market will grow from ¥1.5 billion in 2013 to ¥8.2 billion in 2020 and the operations market will grow from ¥16.3 billion to ¥60.4 billion. To meet the growing O&M demand cost effectively and efficiently, Japan is turning to high-tech gadgets.

Sohgo Security Services Co, known as ALSOK, is a leading security services provider in Japan. The company currently has the largest market share in PV security monitoring for large-scaled, ground mount PV systems.

Comment: the research discloses utility market be very potential in Japan in Future base on the current 70GW project pipelines. The market in project O&M service is getting hot. If we will do IPP in local market, cooperate with local partners is an option.


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