Japan Asia Group 'eyes 500MW'

Tokyo-based renewables developer Japan Asia Group intends to install 500MW of PV in Japan by 2015 but may scale back its European operations, according to reports.

The company already has 110MW in the pipeline for the current fiscal year, 190MW worth of installations planned for 2014 and roughly 200MW proposed for 2015, said Bloomberg, quoting Japan Asia Group's chairman.

The company has built 24 PV projects totalling 59MW across Europe, but is considering scaling back its operations in the region, it added.

In March 2012 Japan Asia Group signed a deal with Japanese module-maker Solar Frontier to work together on at least 100MW of projects.