Japan’s Domestic Solar Shipments Rose 14% on Large Projects

Aug 31, 2014 11:14 pm ET

Sept. 1 (Bloomberg) -- Japan’s first-quarter domestic shipments of solar panels rose 14 percent on the strength of utility-scale projects.

Local shipments rose to 1,882 megawatts in the three months ended June 30 from 1,654 megawatts a year ago, the Japan Photovoltaic Energy Association said in a statement.

Shipments for residential rooftops totaled 493 megawatts, 14 percent lower than a year ago, according to the group. Companies shipped 657 megawatts for utility-scale projects, a 45 percent increase.

The data was compiled from 39 companies, including Sharp Corp. and Solar Frontier K.K.

Japan’s solar market is expanding thanks to an incentive program for clean energy introduced in July 2012.