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Waaree Energies to Develop 200 MW of Solar PV Projects in Japan

published: 2015-01-16 13:56

Waaree Energies Limited, a solar PV developer & manufacturer, announced to develop 200MW of solar PV projects in Japan under certain feed-in tariff schemes. Part of its plans has been approved.

Waaree Japan KK had been setup in early 2014 with base in Tokyo for developing the Japan market for project development & PV Module sales. For Waaree Energies’ 44MW (AC) solar projects in Central Japan, it would receive the feed-in tariff with Tokyo Electric Power at 36 Yen per kWh. METI approval has been obtained for these projects & other approvals are being persued. The projects are scheduled for completion within the next 18 months.

Waaree Japan KK is persuing a pipeline of 200 MW in Japan for 2015. Japan is a key market for Waaree, India in addition to UK, Americas & Middle East regions for Waaree.

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