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Your position: Home > News > Industry News > Canadian Solar unite first Japan project at 2012 FiT rate

Canadian Solar unite first Japan project at 2012 FiT rate

2014-09-24 11:16:03

Canadian Solar has fabricated the aboriginal cavity in what it claims is a 405MW activity of PV projects in Japan, abutting a activity in Kagoshima, on the southern Japanese island of Kyushu.

The company’s aboriginal completed Japan activity is a 1.2MW (DC) plant, estimated to aftermath about 1,533MWh of electricity annually. The electricity will be awash to the bounded utility, Kyushu Electric Power, on a 20 year ability acquirement acceding (PPA).

Canadian Solar appear that it will accept the feed-in assessment (FiT) at a amount of ¥40 per kWh (US$0.37), acceptation it able for the arrangement beneath the 2012 anterior amount that was launched as the programme began in July of that year. The tariff, which is now ability a ‘managed degression’ action that sees the amount payable bead by about 11% anniversary year, is at ¥32 per kWh (US$0.32) for bartering customers, two Japanese banking years later.

Chief controlling administrator and admiral Shawn Qu claimed the affiliation of the 1.5MW Kagoshima bulb as “an important accomplishment” for Canadian Solar’s activity development and engineering, accretion and architecture (EPC) teams in Japan. Qu aswell referred to the activity as addition footfall in the company’s advancing amplification into alms a “total activity solutions strategy”, with the aggregation abutting added manufacturers such as its Chinese Tier One battling Yingli Green and SunPower from the US in accretion after activities while continuing to aftermath and accumulation modules.

The aggregation declared that it expects to aswell breach arena on “approximately” 42.4MW added Japanese projects from its activity during the endure two abode of this year. The aggregation says that of its accustomed 405MW Japan pipeline, about 150MW has filigree affiliation approval.

The gap amidst accustomed projects and those that accept been completed back the FiT was alien has been the affair of abundant altercation about Japan’s solar industry. Analysis close NPD Solarbuzz puts the activity of accustomed bartering projects at as abundant as 59GW, with the government clumsy to about-face down projects proposed for the scheme, as continued as developers appearance affidavit that accepted accessories will be used. Of this huge figure, alone a atom has gone into the ground, including over 7GW affiliated during Japan’s endure banking year.

A contempo alarm for developers of projects accepted and accustomed for the FiT in Japanese banking year (JFY) 2012 concluded with a backward August borderline for acquiescence of the appropriate documents. Just beneath 10% of all JFY2012-approved projects accept back had their FiTs revoked, amidst fears that some arrant developers ability accept been cat-and-mouse for accessories prices and accordingly costs to bead afore active their projects while still accepting 2012 FiT rates. There has been no adumbration yet from Japan’s government how abounding projects this ability accredit to, with several added affidavit accustomed for the adjournment including austere filigree affiliation shortages and the adversity of repurposing agronomical acreage in Japan for added uses such as ability generation.

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