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Japan Joins Solar PV Boom, Retires 2.4 Gigawatts of Oil-Fired Power

Japan Joins Solar PV Boom, Retires 2.4 Gigawatts of Oil-Fired Power

JOHANNESBURG--April 30, 2015--Written by Richard Finlayson, Senior International Editor for Industrial Info Resources (Johannesburg, South Africa)--According to the Japan Renewable Energy Foundation (JREF), the nation's solar power is set to become profitable before the end of June 2015. This will free the solar power sector from the need for government subsidies. Japan will be the last of the major G7 economies where solar-sourced power has become economically viable. It also will be viable in 14 of the G20 economies, according to data from governments, industry and consumer groups.

Within this article: A look at the global solar power industry,

Other companies featured: ExxonMobil (NYSE:XOM)

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