ReneSola to make PV panels in Japan

ReneSola will soon start making PV modules north of Tokyo to cater to demand for locally produced equipment

ReneSola will soon start making PV modules north of Tokyo to cater to demand for locally produced equipment

Chinese PV manufacturer ReneSola has agreed to manufacture solar panels in Japan, one of its avowed target markets, with Tokyo-based semiconductor specialist Vitec.

Vitec will take a 51% stake in the venture, which will eventually produce up to 80MW of PV modules per year, a Vitec spokesperson tells Recharge.

The two sides hope to lease factory space north of Tokyo in Otawara, Tochigi prefecture, from April.

ReneSola, based in China’s Zhejiang province, wants to localise production in response to demand for “made-in-Japan” panels, the Vitec spokesperson says.

In January, New York-listed ReneSola announced a 420MW panel supply agreement in Japan with an unnamed developer.

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