Yamada Denki Launches Low-Cost Photovoltaic Power System

Keywords:　Eco-business / Social Venture　Environmental Technology　Non-manufacturing industry　Renewable Energy　

Image by Japan for Sustainability

On March 10, 2012, Yamada Denki Co., a major electronics retailer in Japan, launched a line of original photovoltaic power systems that cost less than 400,000 yen (about US$4,800) per kilowatt. If subsidies from the national government and municipalities are used, the system can be introduced at around 350,000 yen (about US$4,300) per kilowatt, significantly reducing the current price of around 500,000 yen (about US$6,100) per kilowatt.

Yamada Denki achieved that low price by packaging each system with highly functional photovoltaic modules manufactured by a Korean company, S-Energy, and other necessary peripheral equipment. The company plans to primarily market a 3.84-kilowatt system for general households (special set price: 1,530,000 yen (about US$18,700); approx. 398,400 yen/kilowatt (about US$4,860/kilowatt)) and a 9.60-kilowatt system for apartments (special set price: 3,800,000 yen (about US$46,300); approx. 395,800 yen/kilowatt (about US$4,830/kilowatt)), before expanding sales based on after-sales service for purchased systems.

Yamada Denki to Open PV System Installer Training and Certification School (Related JFS article)

Japan Predicting Drastic Cut of 50% or More to PV Generation Costs by 2030 (Related JFS article)

Posted: 2012/06/12 06:00:15 AM