Forecast of Solar Power Installation in the Japanese Market Towards 2030 (2022 Edition)
Since the "2050 Carbon Neutral Declaration" in October 2020, Japan's energy policy has significantly shifted towards decarbonization, with a major focus on making renewable energy the primary power source. There have been substantial waves of change in both policy and market, marking the beginning of a new phase leading up to 2030. In this context, this report assumes two scenarios: the "Current Growth Case," which envisions achieving the 'ambitious level' of targets, and the "Acceleration Case," which anticipates a significant improvement and advancement in the introduction environment. For these two assumed cases, we have projected the installation volume of solar power generation towards 2030, considering scenarios for price forecasts, changes in social environments, market changes, and technological advancements, segmented by application, scale, and region. We hope this report will be utilized to promote further expansion of solar power systems while overcoming various challenges, alongside healthy market competition.
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Resource Comprehensive System Co., Ltd. predicts that the cumulative installed capacity of solar power in Japan for the fiscal year 2030 will be between 154 and 180 GWDC (121 to 140 GWAC). Since the "2050 Carbon Neutral Declaration" in October 2020, Japan's energy policy has significantly shifted towards decarbonization, aiming to make renewable energy the main power source. There have been major waves of change in both policy and market, and a new phase is beginning as we approach 2030. In this context, Resource Comprehensive System is forecasting the installation volume of solar power for the fiscal year 2030 based on two predictive cases, considering price outlooks, changes in social environments and markets, and technological advancements, segmented by application, scale, and region.
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We are predicting the trends of the solar power market from various angles, which will be important information for everyone involved in solar power-related businesses.
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Our company is dedicated to advancing the solar power industry and establishing photovoltaic (PV) energy as a core power source. For over 40 years, we have supported the development, commercialization, and dissemination of PV technologies by closely tracking trends in markets, policies, industries, and technologies both in Japan and abroad. We offer our clients tailored support across the entire solar value chain—ranging from strategic information and industry analysis to consulting and customized research—helping them address challenges and unlock opportunities in PV business development. Backed by a robust network across upstream and downstream sectors, we provide insights and solutions through publications, seminars, contract research, and one-on-one consultations. Please feel free to contact us for more information.