How Japan's Status as a Rising Solar Superpower Helps China

The photovoltaic boom in Japan is helping China, too. 
Reuters

Since the 2011 earthquake and tsunami that took Japan’s nuclear industry offline, the country has been installing so many photovoltaic panels that last year it accounted for 17 percent of the world’s solar market, according to a report released today.

That’s helped revive the fortunes of Japanese solar panel makers like Sharp and Kyocera, which once dominated the global market only to find themselves eclipsed as China embarked on a manufacturing boom a decade ago. Sharp in 2013 became the world’s fourth biggest manufacturer, according to the report from market research firm IHS Technology.

Japan’s solar revival has been even better news for Chinese solar panel makers, which now account for seven of the world’s 10 biggest photovoltaic manufacturers. Companies like Yingli and Trina Solar also profited from China’s own solar boom as the government set ambitious targets for solar installations.

 

“Chinese and Japanese PV module suppliers benefited from the surge in demand in their domestic markets, with China in particular accounting for more than a quarter of global installations in 2013 and becoming the leading region in the process,” IHS analyst Jessica Lin said in a statement.

Only one American solar panel maker, First Solar, cracked the Top 10. First Solar was the world’s sixth largest manufacturer in 2013 while another U.S. company, SunPower, was the 11th.

Japan’s newfound appetite for solar contributed to a 24 percent jump in solar panel shipments last year to 38.7 gigawatts, with just one Chinese company, Yingli, accounting for nearly 10 percent of shipments.

“Global installations will continue in their shift toward Asia, and the major Chinese players will start expansion efforts again by a variety of mean—adding new manufacturing capacity,” according to the report. 

Presented by

Todd Woody is an environmental and technology journalist based in California. He has written for The New York Times and Quartz, and was previously an editor and writer at FortuneForbes, and Business 2.0.

Join the Discussion

After you comment, click Post. If you’re not already logged in you will be asked to log in or register with Disqus.

Please note that The Atlantic's account system is separate from our commenting system. To log in or register with The Atlantic, use the Sign In button at the top of every page.

blog comments powered by Disqus

Video

A New York City Minute, Frozen in Time

This short film takes you on a whirling tour of the Big Apple

Video

What Happened to the Milky Way?

Light pollution has taken away our ability to see the stars. Can we save the night sky?

Video

The Faces of #BlackLivesMatter

Scenes from a recent protest in New York City

Video

Ruth Bader Ginsburg on Life

The Supreme Court justice talks gender equality and marriage.

Video

The Pentagon's $1.5 Trillion Mistake

The F-35 fighter jet was supposed to do everything. Instead, it can barely do anything.

More in Technology

Just In