First Solar will invest in the development, construction andoperation of PV plants in Japan’sbooming solar market, which could reach 28GW by 2020, the Arizona-basedmanufacturer said in a statement, citing government figures.
JX Nippon, Japan’sleading oil distributor, will hold the exclusive sales rights for First Solar’ssolar panels through April 2015.
The two sides agreed to the arrangement late last month, theTokyo-based company said in a separate statement.
