Tuesday, February 26, 2013

No. 74: Solar battery shipments grow 1.9 times in 2012 (February 26, 2013)

Business trend:
Japan Photovoltaic Energy Association announced that domestic shipments of solar batteries grew 90% over the previous year to about 2,470,000 kW (generation capacity base) in 2012. Since the system that requires electric power companies to purchase power generated by renewable energy at a fixed price was enacted in July 2012, an increasing number of companies participated in the easily installable photovoltaic business. As a result, solar battery shipments for the nonresidential market grew 4.3 times to about 830,000 kW in 2012. Low-priced imported solar panels have been increasing the presence in the mega solar market. They grew three times to about 780,000 kW, accounting for 31.4% of total solar panel shipments for the mega solar market.

Power that is generated but cannot be consumed by residence is subject to purchase in the residence market. Shipments of solar batteries for the residence market increased 48% over the previous year to about 1,640,000 kW. For the period between October and December 2012, domestic shipments of solar batteries increased 2.5 times to over 1,000,000 KW. They increased 60% over the period between July and September 2012, showing that demand for solar battery increased at an accelerated pace after the introduction of the purchase system. Whereas solar batteries for residence grew 44% over the same period of the previous year, those for nonresidential purposes grew as much as seven times. 


Shipments of solar batteries are increasing remarkably

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