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Japan’s Quarterly Domestic Solar Shipments More Than Double

Japan’s domestic shipments of solar cells and modules more than doubled to 1,003 megawatts in the three months to December 31, the Japan Photovoltaic Energy Association said today.

Local shipments were 406 megawatts in the same quarter in 2011. Imports, counted in domestic shipments, more than tripled to 342 megawatts from a year. Exports fell 66 percent to 111 megawatts, the association said in a statement on its website.

Japan introduced above-market rates for clean energy in July to spur investment as the country diversifies its generation sources after the 2011 Fukushima nuclear disaster.

The data was compiled from 37 companies including Kyocera Corp. (6971) and Suntech Power (STP) Japan Corp.

To contact the reporter on this story: Chisaki Watanabe in Tokyo at cwatanabe5@bloomberg.net

To contact the editor responsible for this story: Reed Landberg at landberg@bloomberg.net

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