Kyocera reaps solar FIT reward

A Kyocera rooftop installation in Japan

A Kyocera rooftop installation in Japan

Kyoto-based electronics group Kyocera said it is reaping the rewards of Japan’s solar feed-in tariff (FIT).

Kyocera told investors that sales at its applied ceramics division – which makes PV cells and modules – jumped by 18% to ¥211.4bn ($2.14bn) in the financial year ending March.

It attributed the spike in PV demand to a flood of residential installations and utility-scale projects since the July 2012 introduction of the FIT.

The extra demand was “due primarily to significant solar energy business sales in Japan”, Kyocera said in a statement. 

Kyocera does not give detailed figures for its solar operation, but according to local reports the company shipped 800MW of modules, and expects to Log in to read complete article.

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