As many as 100 Japanese photovoltaic enterprises m

As many as 100 Japanese photovoltaic enterprises may go bankrupt in 2017

this year, as many as 100 solar photovoltaic enterprises in Japan may face bankruptcy, and the number of bankrupt enterprises more than doubled in the first half of the year

as many as 100 Japanese photovoltaic enterprises may go bankrupt in 2017

enterprise credit research company Imperial credit released the third report on the bankruptcy of solar photovoltaic enterprises. The report points out that in 2017, 50 enterprises in Japan's solar energy industry have gone bankrupt

although the market as a whole has expanded rapidly since the introduction of the electricity price subsidy in July 2012, the imperial credit bureau believes that the deployment has slowed down in the past few years, because the government has continuously reduced the solar energy electricity price subsidy based on the characteristics of Haixi industry by 10% or more every year

imperial credit said that the bankruptcy of solar related contractors is increasing rapidly, and solar panel manufacturers are also affected. In the first half of 2016, only 23 companies went bankrupt, while 50 companies went bankrupt in the first half of this year, an increase of 2.2 times. Imperial credit predicts that a total of 100 photovoltaic enterprises may go bankrupt in 2017

the data given by another research company, Tokyo Institute of Commerce and industry, is slightly higher. In the first half of 2016, the number of photovoltaic enterprises went bankrupt reached 31

the integration of Japan's solar photovoltaic market has been predicted by many industry figures and experts, because the government plans to completely eliminate electricity price subsidies in the early 1920s. Many larger enterprises had expected smaller competitors to stop production because of reduced electricity price subsidies and increasingly difficult to find suitable land and electricity connections for large solar farms. It may also have a significant impact on downstream industries, especially depriving the upper tariff subsidies for a large number of solar projects that have started

imperial credit confirmed that in most cases, small companies (enterprises with assets or values less than 500million yen) are stopping production, which is very consistent with the concept of the transformation of old and new kinetic energy, accounting for more than 80% of the total number of enterprises. In fact, during this survey period, companies with a registered capital of 50005 and a simple operation of less than 10000 yen accounted for nearly 90% of the total number of corporate bankruptcies. However, the imperial credit bureau pointed out that the number of relatively large-scale enterprises facing bankruptcy is also increasing

the imperial credit investigation dates back to January 2006, and it was found that from 2006 to 2017, a total of 251 photovoltaic enterprises in Japan went bankrupt