ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon Print

Overseas companies take dominant role in Japan's renewable energy

European players export wind farms while China grabs hold of solar panels

A wind turbine off the coast of Nagasaki Prefecture: European players hold a big share of Japan's wind power sector. (Photo by Kanoko Sakamoto)

FRANKFURT/TOKYO -- Foreign companies have paraded into Japan's renewable-energy markets, with European players carving out an overwhelmingly large chunk of the wind-energy sector while China has a quickly growing presence in solar panels.

The trend is taking place as Japan sets a goal of reaching net zero greenhouse gas emissions by 2050. The government has lowered barriers to entry in offshore wind power.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more