SeeNews | Sep 29, 2014 – Japan has installed 11.1 GW of new renewable energy facilities between the start of its feed-in tariffs (FiTs) in July 2012 and end-June 2014, government data shows.
Most of the fresh capacity, or 10.9 GW, was solar photovoltaic (PV), the Ministry of Economy, Trade and Industry (METI) said on Friday.
Market research company GlobalData expects to see the country add 5.1 GW of PV capacity in the July-December period of 2014, bringing the full-year total to 8 GW.
This compares to around 5.6 GW of cumulative solar capacity in Japan before the FiT launch.
Overall, Japan has given the go-ahead to 71.8 GW of renewable energy projects, some 96% of which are solar.
The solar market in the country became extremely attractive to developers after the introduction of the FiT tariffs.