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Business

Maintenance is the latest battlefield in Japan's solar industry

Failure to monitor and repair panels leading to lost capacity, revenue

Ricoh has expanded its solar power maintenance operations throughout Japan.

TOKYO -- With declining energy purchase prices discouraging construction of new solar farms in Japan, companies are finding new business opportunities in maintenance, aided in part by new legal requirements. 

MS&AD Insurance Group units Mitsui Sumitomo Insurance Group and Aioi Nissay Dowa Insurance will partner with electronics maker Omron, NTT Facilities and Goldman Sachs-affiliated Smart Energy to bundle insurance policies with maintenance services.

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