The World's #1 Renewable Energy Network for News, Information, and Companies.
Untitled Document

Asia Report: Japan Solar FiT Likely In Line With Industry Request

It's been a year of slow, deliberate debate as Japan plots its future without nuclear power. That future will gain some clarity later this month when a panel charged with recommending Feed-in Tariffs (FiT) for solar, wind, geothermal, biomass and hydropower sends those rate proposals for approval.

According to Japanese business daily news organization Nikkei, the panel is likely to recommend a FiT of 42 yen (51 cents) per kilowatt-hour (kWh) of solar generation, a figure about twice as high as the rate currently paid by consumers and about in line with what the Japanese photovoltaic industry had requested. The recommended rate would be paid for 20 years, according to Nikkei. The Japan Wind Power Association has asked for a rate of 25 yen per kWh over 20 years.

Each rate will need government approval before going into effect on July 1.


IN THE NEWS

Major Closures for SunPower and First Solar: Two major American solar manufacturers announced that they are scaling back efforts in Asia. SunPower is closing a facility in the Philippines while First Solar is idling four of its 24 production lines at its Malaysia plant.

China Developer Looks to GE: Long Yuan, China’s largest wind developer, has decided to use GE turbines for a 100 megawatt wind farm in Canada.

China, Iceland Talk Geothermal Energy: Chinese Premier Wen Jiabao heads to Iceland where he toured one of the country’s geothermal power plants and signed a cooperative agreement centered on the underground energy source.

India Powers Up World’s Largest Solar Plant: The West Indian state of Gujarat has flicked the switch on the first phase of the world’s largest solar power field, supplying 214 MW of solar energy into India's struggling power grid.


A DEEPER LOOK

Clean Energy Investment: According to the just-released report "Who's Winning the Clean Energy Race?" from the Pew Charitable Trusts, the United States invested the most in clean energy of any country in 2011, retaking the lead from China, which had held the top spot for the last two years. But the U.S. resurgence is more likely to be a blip than a trend.

How Chinese Panels Are Impacting European Market: In recent years, the global price of PV modules has undergone a rapid and sustained period of decline. In light of scaled back policy in key markets and recent bankruptcy announcements, the questions remain: How exactly is Chinese PV module pricing affecting the European market? And how best should European governments and solar companies react?

Challenges of Hydro Tunnelling in India: With a great deal of tunnelling work underway at hydroelectric projects in India, the lessons learned by developers of the 192 MW Allain Duhangan project can prove valuable for other companies.                     

Dam-Building Dispute Roil Asia: Dam building on shared rivers has emerged as the leading source of water disputes and tensions in Asia, the world's driest continent whose freshwater availability is less than half the global annual average per inhabitant.


WIND MARKET FORECAST 2012-2016

From Annual GWEC Report

Asia will continue to be the world’s largest market, although with a slower growth rate than over the past five years. China has entered a consolidation phase, and most of the growth in the region over the next five years will be in India. Having achieved a 3 GW market for the first time in 2011, we expect the Indian annual market to reach 5 GW by 2015, and how much further it can grow from there will be dependent upon continued economic growth, improvements in grid infrastructure and management and a clear national policy framework for the power sector.

The future of Japan’s energy system is still up for grabs, but the overwhelming majority of the public wants to see a future where renewables replace all or most of the existing nuclear power plants as soon as possible; and the government is heavily pushing offshore wind development. So we expect some growth in Japan over the next five years, but anticipate that it will get larger towards the end of the period. Korea seems set to develop a major offshore wind industry, but how quickly and how much that will be complemented by increased exploitation of its onshore resources remains to be seen, which is why we are also cautious about Korea over the next five years, although we expect the numbers to start to grow substantially toward the latter part of this decade.

Mongolia gets its first commercial wind farm in 2012, and has tremendous potential, as do Viet Nam and the Philippines; although we don’t expect major installations in any of these markets before 2016.

We expect Asia to install 118 GW between now and 2016, far more than any other region, and to surpass Europe as the world leader in cumulative installed capacity sometime during 2013, ending the period with about 200 GW in total.


QUOTE OF THE WEEK

Vestas Valuation Tempting Buyers

“Vestas has one of the most developed technology platforms and a truly global distribution network. You’re getting the asset right now for a very low price. You could have several industry players looking at the company.”

-- Kasper Larsen, analyst at Danske, on why China companies continue to look at the Danish turbine maker


HAVE YOUR SAY

If you are an industry expert and would like to be a contributor for RenewableEnergyWorld.com, please contact us at editor@renewableenergyworld.com so we can show you how to get started.


IN CASE YOU MISSED IT

April 9-16, 2012 Asia Report: Are China’s Sinovel, Goldwind Seeking Vestas Takeover
April 2-9, 2012 Asia Report: 200-MW Solar Project Planned in Japan
March 26-April 2, 2012 Asia Report: India Slashes Wind Incentive
March 19-26, 2012 Asia Report: India’s Wind Potential 30 Times Greater Than Believed
March 5-12, 2012 Asia Report: After Quake, Japan Pushes for Asia Supergrid
Feb. 27-March 5, 2012 Asia Report: Decision on Trade Dispute Looming
Feb. 20-27, 2012 Asia Report: China Launches Renewable Energy Think Tank
Feb 6-13, 2012 Asia Report: India Sees 52 Percent Rise in Investments
Jan. 23-30, 2012 Asia Report: DOC Extends Solar Trade Case Deadline

Untitled Document

RELATED ARTICLES

States Already Seek To Delay Clean Power Plan

Andrew Harris, Bloomberg Fifteen states led by coal-rich West Virginia asked a federal court to stall Obama administration rules intended to c...

Stolen Solar Panels and Sabotage A Challenge for Powering India With Renewable Energy

Anindya Upadhyay, Bloomberg Disappointment spread across Tarun Singh’s face when he saw that parts of his solar power microgrid in eastern India’...

Suntech Parent Company Buys Majority Share of US-based Suniva

Ehren Goossens Shunfeng International Clean Energy Ltd., the Hong Kong-based solar company controlled by billionaire Zheng Jianming,...

Sunrise in Pakistan as the Country Delves into Solar PV

Robert Harker Pakistan has joined the list of countries that are exploring solar power as a means to bridge critical energy generat...

PRESS RELEASES

Appalachian's Energy Center assists counties with landfill gas to energy projects

The Appalachian Energy Center at Appalachian State University recently completed a proj...

Array Technologies’ DuraTrack HZ v3 Continues to (R)evolutionize at SPI

Array Technologies, Inc. (ATI) prepares to showcase its recently launched tracking syst...

Redesigned HydroWorld.com Video Gallery

Hydropower news and information, and interesting promotional announcements are now avai...

30 days to GRC Annual Meeting & GEA Geothermal Energy Expo

The Geothermal Resources Council (GRC) has announced that it is only 30 days to go to t...

FEATURED BLOGS

Appalachian's Energy Center assists counties with landfill gas to energy projects

Activity supported with Z. Smith Reynolds Foundation funding BOONE—The Appalachian Energy Center at Appalachia...

Discounted Room Rates for Geothermal Event end Friday

Discounted room rates for GRC Annual Meeting & GEA Geothermal Energy Expo end Friday Room rates for this prestigi...

3 Reasons To Follow-Up

It’s very important to begin nurturing your relationship with a customer immediately after the project you sold...

Who are the Solar Early Adopters? - the “Tipping Point” is Looming

We all know why people go solar: investment purposes, immediate savings, environmental concerns, and grid independenc...

FINANCIAL NEWS

Renewable Energy World's network editors help deliver the most comprehensive news coverage of the renewable energy industries. Based in the U.S. and the UK, the team is comprised of editors from Pennwell Corporation's myriad of publications that ...

CURRENT MAGAZINE ISSUE

Volume 18, Issue 4
1507REW_C11

STAY CONNECTED

To register for our free
e-Newsletters, subscribe today:

SOCIAL ACTIVITY

Tweet the Editors! @jennrunyon

FEATURED PARTNERS



EVENTS

Doing Business in South Africa – in partnership with GWEC, the Glob...

Wind Energy in South Africa has been expanding dramatically, growing fro...

Intersolar India 2015

Exhibition and Conference: November 18-20, 2015 Intersolar India 2015 I...

Intersolar North America 2016

Exhibition: July 12 - 14, 2016; Conference: July 11 - 13, 2016 Intersola...

COMPANY BLOGS

How To Recruit An Internal Ally

When you’re collecting information for a proposal, the person with...

The Proof Is Not Always In The Pudding

One of the best ways to turn a skeptical prospect into a buyer is to giv...

Pushing Beyond The Cushion

Efficiency projects are all too often viewed as “optional” o...

NEWSLETTERS

Renewable Energy: Subscribe Now

Solar Energy: Subscribe Now

Wind Energy: Subscribe Now

Geothermal Energy: Subscribe Now

Bioenergy: Subscribe Now  

 

FEATURED PARTNERS