Japan Solar Update: No.156 (July 7 ~11, 2025)
JPEA announced PV module shipment data for Jan–Mar 2025, confirming FY 2024 totals.
<Key points>
- The Japan Photovoltaic Energy Association (JPEA) released the PV module shipment statistics for the quarter from January to March 2025, which has clarified the total PV module shipments in FY 2024 (April 2024 to March 2025)
- Total PV module shipments in FY 2024 decreased by 6.8% year on year (YOY) to 5,507 MW, whereas domestic shipment also decreased by 6.4% YOY to 5,470 MW
Figure 1 Japan’s total shipments of PV modules by fiscal year (FY)
Figure 2 Japan’s domestic shipments of PV modules by application by fiscal year (FY)
Source: Materials from JPEA, compiled by RTS Corporation
* Numbers listed in the figures above are rounded off to the first decimal place