Japan eyes 108 GW solar capacity target by 2030 | Asian Business Review
, Japan
458 views

Japan eyes 108 GW solar capacity target by 2030

This almost doubles the current target of 64 GW.

Japan is mulling over plans to almost double its solar capacity target from 64 gigawatts (GW) to 108 GW by 2030, according to local reports.

The new target was presented by the country’s environment and trade ministries.

At the current pace of installations, Japan will reach 88 GW of solar capacity by 2030. The ministry wants to add another 20 GW of solar capacity to achieve the 108 GW target.

The 20 GW will come from installed solar panels on 50% of central government and municipality buildings which will give 6 GW, boosting solar on corporate buildings and car parks with the expected addition of 10 GW whilst 4 GW will come from public land and promotion areas in at least 1,000 towns and cities in Japan.

The government is also planning to expand land availability for solar installations whilst investing in technology that can facilitate the deployment of agricultural solar farms.  

A report by Wood Mackenzie said Japan is unlikely to meet its emission reduction targets unless it accelerates decarbonisation on all fronts backed by clear policies and incentives for businesses to ramp up investments.

Follow the links for more news on

Join Asian Business Review community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

Top News

South Korean banks’ loan delinquency rate rise in Feb
Corporate, SME, and household loans all saw their delinquency rates rise.
Overseas expansion impacts Korean banks’ profits
Despite Korea's high GDP per capita, the current level suggests there's still room for improvement.
Markets
Half of Asian consumers prioritise inner beauty in F&B choices
43% of Asian consumers are highly inclined to buy products endorsed by social media influencers.

Exclusives

How women in power are the key to business success
Industry experts share their thoughts on how women in business can be the ultimate growth driver.
Pupuk Kaltim CEO takes pride in SNI-quality products
The Indonesian leader in fertiliser manufacturing says it’s a company and industry commitment.