Sumitomo Sees ‘Solar Bubble’ as Japan Rejects Nuclear

Sumitomo Sees ‘Solar Bubble’ as Japan Rejects Nuclear

Tomohiro Ohsumi/Bloomberg

Japan’s wind farm market allows developers to build larger projects and according to the Ministry of Environment offers greater potential capacity. The country could accommodate 280,000 megawatts of wind capacity onshore and a further 1,600,000 megawatts off the coast, compared to 150,000 megawatts of commercial solar power, the ministry said last year.