Suntech Power Expands Japanese Market

Polaris Solar Photovoltaic Network News: On June 19, Zhang Jianmin, Head of Investment Relations Department of Suntech Power Co., Ltd. (hereinafter referred to as Suntech Power), said in an exclusive telephone interview with reporters that the approval of the solar energy subsidy policy by the Japanese government will benefit PV companies. This year, Suntech's goal in the Japanese market will double.

According to reports, the Japanese Minister of Industry Yukio Edano announced that Japan's approval of the solar subsidy policy will encourage the country to add at least 9.6 billion installations, which will make Japan replace Italy and become the second largest photovoltaic market after Germany. The Deutsche Bank Clean Energy Analyst reported that Japan’s subsidy of 53 cents per kWh doubled its German subsidy policy.

Zhang Jianmin stated that Suntech Power currently ranks fourth in the Japanese market and its market share is relatively stable. The top three PV companies are all Japanese companies. Due to the impact of nuclear power accidents, some of the original unsafe nuclear power stations in Japan were shut down. This caused the energy gap to increase. Under such circumstances, the development of photovoltaics is mature regardless of its own conditions or technical application.

Regarding whether it has become the second largest photovoltaic market after Germany, Zhang Jianmin stated that in the past Japan's photovoltaic power generation was not as fast as Germany's. There were some stagnation in the post-development of photovoltaics policies in the 1990s. Although the PV policy is now introduced, it is too early to tell whether it can be quickly scaled by the constraints of objective factors such as a large population and little cultivated land. It can only be said that this is an opportunity for photovoltaic companies.

He believes that currently Japan's photovoltaic is mainly used for residential roofs, and its prospects are better. As Japan's PV and China's air conditioners and home appliances, the market share in the retail market is relatively high, residents can go to the retail electrical appliances to buy photovoltaic systems, responsible for installing the system installed on the roof after the sale, and the small power generation system connected to the power grid , come to enjoy the subsidy.

Residents can sell electricity to the grid during the day by installing a photovoltaic system, but at night they can purchase electricity from the grid for their own use. The power grid basically buys electricity generated by solar energy for residents at more than 1 times the price. In this way, the residents can use almost twice the electricity for each degree of power generation. Finally, the amount of energy and use of hedging are used to settle the actual expenditure and the amount of income. Zhang Jianmin said.

He said that from a technical point of view, Germany and Japan can do this completely, depending on the government’s policies. While China is mainly a photovoltaic power station, residential rooftop power generation is difficult to achieve because it cannot access the Internet, but the Chinese market is huge. .

Zhang Jianmin believes that for Germany and Japan, where environmental protection requirements are more stringent, most of the photovoltaics are used for residential roof power generation. Solar power generation is very environmentally friendly and generates no pollution at the time of power generation. With government subsidies, it is very good for photovoltaic companies. .