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Japan Solar Shipments May Jump 10-Fold, Industry Group Says

Japanese domestic shipments of solar panels may increase by as much as 10 times in “a fairly short period” after the government approved renewable energy subsidies, a solar industry group’s chairman said.

“Legislation passed today will secure purchase of power generated by solar panels for a long time period,” Mikio Katayama, chairman of the Japan Photovoltaic Energy Association, told reporters in Tokyo today. “That will help a rapid expansion of industry-use and utility-use solar systems.”