The capacity of Japan solar photovoltaic installed enter the global top three
Recently, the international market research company KuicK Research prepared a report entitled Japan's solar industry analysis. Japan accounted for 7% of the total global PV installed capacity reached nearly 5GW enter the global PV installed capacity of the top three, behind Germany and Italy through the study found.
In the beginning of last year after the Fukushima nuclear leak occurred, the Japanese government has shut down the entire nuclear power sector, which means the loss of 30% of the installed power capacity. Due to the scarcity of oil, gas and coal reserves, Japan turning to alternative sources of energy to replace the loss of the installed power capacity. As a result of the world's highest electricity price subsidies, solar is the rapid development in Japan, 1GW of solar photovoltaic power installed capacity reached a record high in 2011 alone.
Calculated based on the total installed capacity, Japan is still lagging behind Germany and Italy, but to benefit from the feed-in tariff and other schemes, is expected Japan's solar power sector will grow significantly in the next few years.
Since a policy framework to encourage the development of renewable energy has been introduced, more than 99% of the approved projects are solar power project.
