Kyocera Boosts Solar Sales Goal on Higher Demand in Japan

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Kyocera Corp. raised its target for solar panel sales to 1.2 gigawatts for this fiscal year from the previous goal of 1 gigawatt because of stronger demand in Japan.

Japan’s solar market is booming thanks to an incentive program for clean energy that began in July 2012. The country is projected to become the world’s largest solar market this year with 6.9 gigawatts to 9.4 gigawatts of capacity estimated to be added, according to Bloomberg New Energy Finance.