Hareon Solar to Expand Japanese Market

(China Glass Network) In order to open up Japanese photovoltaic module market, develop component sales channel, increase global market share, Hareon Solar Cooperation announced that it would establish subsidiary in Japan with an investment of 98 million yen on Apr.12.

Hareon Solar Japan will locate in Hakata, Fukuoka, mainly engaged in the research, development, manufacture, sale, import and export business of solar battery, components, semi-finished products and other applications, as well as solar power investment and operation.

Japanese government began to establish policies about buying large solar photovoltaic power station power since 2012. Many large Japan solar photovoltaic power station has been planned to construct. Now European market is shrinking for policy adjustment, Chinese photovoltaic enterprises turn to the Japanese market to keep out of trouble.

Previously, European market has been main exported place of our photovoltaic products. Hareon Solar released quarterly reports showing dramatical decrease of income during Jan.-Mar, 2012. Although photovoltaic products sales was increased, European and American slowed down support policy for photovoltaic industry. It leaded products’ price drop rapidly, profit also fall subsequently.