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Position: GeMinG > 531 Japanese PV market declines for two consecutive years The future is mainly large-scale
531 Japanese PV market declines for two consecutive years The future is mainly large-scale

ChianLinear ActuatorWebsite: According to data from Bloomberg New Energy Finance (BNEF), Japan's newly installed PV capacity was 7.5 GW in 2017, which was 6.3% lower than 2016 (+8.0 GW). This is already the second consecutive year since 2015 (+11.2 GW). The market has shrunk. Due to the retreat of subsidies, the roof photovoltaic heat of Japanese residents has already been decommissioned, and the major markets in the future are large-scale photovoltaic projects. However, PV projects require grid companies to obtain subsidies within 9 months of grid integration. As a result, many PV projects fail to obtain timely approval and lose subsidies.

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