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US solar firm announces expansion into Japanese market

At a time when many US solar firms are struggling to compete with imports from Asia, at least one of their colleagues has found a sweet spot on the Pacific rim.
US solar firm announces expansion into Japanese market

Global Solar Energy Inc., of Tucson, Arizona has announced that it is expanding into the lucrative Japanese solar market with the help of local partners, and has even introduced a new design of its flexible technology, called PowerFLEX BIPV, that has been adapted specifically for use on rooftops in Japan.

Driving all this activity is Japan's new feed-in tariff. Together with partners CBC Co. Ltd, Eco Holdings and OG Corporation, Global Solar says it is striving to make it easy for Japanese businesses to embrace its technology.

"With its recent FIT program and proven dedication to integrating more renewable energy into its utilities' portfolio mix, Japan will prove to be one of the most important markets for solar in the coming years," said Jean-Noel Poirier, Chief Sales Officer, Global Solar Energy.

"With our highly-valued partners, Global Solar is well positioned to take advantage of the market growth and bring our powerful and cost-effective PowerFLEX BIPV solar solution to more rooftops around Japan," Poirier said.

Japan's new FIT program went into effect on 1 July. It requires utilities to pay 42 yen per kilowatt-hour (about $0.52 per kilowatt-hour) for 20 years from solar plants generating 10 kW of energy or more.

As the country reduces its dependence on nuclear energy and opens the door for more renewable energy adoption through the new FIT, researchers estimate this could foster a solar market of $9.6 billion and 3.2 GW of capacity.

Global Solar PowerFLEX BIPV module delivers 12.6 percent aperture efficiency, which it described in a written statement as the highest efficiency available in the flexible module sector.

In addition the company said that the technology's large format and a high power density bring down installation and balance of system costs.

"Recognizing the desire of many Japanese businesses to reap the benefits of the FIT program while also maintaining the aesthetics of their buildings, Global Solar offers an alternative to traditional heavy and rigid glass modules, as well as other flexible PV products," Poirier said.

For additional information:

Global Solar Energy

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