The company already has 110MW in thepipeline for the current fiscal year, 190MW worth of installations planned for2014 and roughly 200MW proposed for 2015, said Bloomberg, quoting Japan Asia Group's chairman.

The company has built 24 PV projectstotalling 59MW across Europe, but is considering scaling back its operations inthe region, it added.

In March 2012 Japan Asia Group signeda deal with Japanese module-maker Solar Frontier to work together on at least100MW of projects.