Japanese Daikin Industries to roll out home solar systems in Apr 2012
Dec 7, 2011 - Japanese conglomerate Daikin Industries Ltd (TYO:6367) yesterday said it would launch home solar power systems under an own brand -- Sky Solar -- at the beginning of April 2012.
The company aims to take advantage of the growing interest towards solar photovoltaic (PV) installations all around Japan.
The market for residential solar power systems in the Asian country is seen to more than double in fiscal 2015/16 through March, compared to fiscal 2010/11, Daikin said. The introduction of a feed-in tariff for renewable energy from next summer and other government incentives are giving a serious push to the sector.