As the calendar inches towards the Solar Asset Management Asia Conference 2018, we review the top 30 solar asset owners in the Japanese market and reflect on the changes occurred, concerning the solar asset ownership in Japan over the last year.
The Japanese solar PV market has experienced a significant expansion, primarily aided by the introduction of a feed-in-tariff (FiT) scheme for renewables in July 2012. These tariffs have proven to be an effective vehicle to bolster growth in the solar industry by attracting a myriad of local and international investors. This article provides an overview of the top 30 solar portfolios in Japan and some additional insights into the changes in the solar asset ownership in the Japanese market over the last year. Overall, the data demonstrates that the market has continued to grow in terms of added megawatt capacity and the top 30 portfolios account for 14% of that growth.
The overview presented below comprises the 30 largest solar portfolios as per end of 2017. These portfolios represent a total of 4.6 GW, which is 1 and 1.3 GW higher than the cumulative capacity of the top 30 in 2016 and 2015 respectively. This indicates a capacity increase of approximately 40% in a mere span of two years (2015-2017).
|Total MWp||Total projects||Shared Ownership (%)||Co-owned MWp||Fully owned MWp||Most plants in||Largest plant||Smallest plant||Average plant|
|3||Mitsui & Co.||336.6||8||F.O.||F.O.||F.O.||F.O.||F.O.||F.O.||F.O.|
|4||NTT Facilities Inc.||265.3||77||F.O.||F.O.||F.O.||F.O.||F.O.||F.O.||F.O.|
|6||Eurus Energy Holdings Corporation||247.5||9||F.O.||F.O.||F.O.||F.O.||F.O.||F.O.||F.O.|
|7||Japan Renewable Energy||196.3||33||F.O.||F.O.||F.O.||F.O.||F.O.||F.O.||F.O.|
|8||Kyocera TCL Solar||166.9||58||F.O.||F.O.||F.O.||F.O.||F.O.||F.O.||F.O.|
*F.O. = See Full Overview