REC recently announced the completion of a 1.7 MW solar power project in Yonago, Tottori, Japan that took just 3 months from start to finish.
The solar farm is made up of 7,056 REC Peak Energy Series solar panels and is expected to generate over 1,840 MWh of electricity annually – enough to meet the power requirements of 510 households.
The ceremony was attended by various dignitaries including the Mayor of Yonago City, Yasuo Nozaka and Norway’s Ambassador to Japan, His Excellency Arne Walther.
“While energy saving and increased imports of fossil fuels, especially liquefied natural gas, has been the immediate response to reduced reliance on nuclear energy, accelerated development of renewables, not least solar, is emerging as a desired longer term priority,” said Ambassador Walther.
Norway based REC says Japan is becoming an increasingly important market for the company.
“Japan is a very attractive market in terms of its feed-in tariffs. Despite a cut in tariffs from April 1, investors can still expect sufficient returns,” said Go Sekiguchi of REC in Japan. “Not to mention the benefits to the environment. The new plant in Yonago will reduce CO2 emissions by around 1,200 tons per year.”
REC partner Advantec, which constructed the plant, and Japanese radio & TV station BSS (Broadcasting System of San-in) equally share in ownership of the facility.
In other recent REC news, the company announced REC solar panels are not subject to the ongoing EU anti-subsidy and anti-dumping investigations. While this puts REC in a good position in the European Union, the company is concerned with the implementation of a registry to record certain solar products originating in China or imported from China; which is feared could be used to identify imports that may be subject to retroactive tariffs.
“… a trade war is not in the interest of the European solar industry,” said Luc Graré, Senior Vice President Solar Sales and Marketing, REC. “We see that the latest decision on the solar import registry unsettles distributors and installers and causes turmoil in solar markets.”