Growing Global Demand for Solar Cell Installations and Customers’ Production Capacity Expansion

「In the U.S. solar-cell market, the main focus of our company, the number of solar panel installations declined year on year due in part to policy factors, but demand for solar power remains high because it can be deployed quickly and at relatively low cost in response to rising electricity demand. Solar power accounted for more than half of newly added generation capacity, retaining its position as the leading source of new power generation.」

「The U.S. solar-cell market is expected to grow over the long term against a backdrop of growing corporate environmental awareness, policy support from some state governments and others, and rising electricity demand from data centers accompanying the development of generative AI. Solar-cell manufacturers are investing in production capacity expansion and research and development.」

「In the U.S. solar-cell market, the main focus of our company, solar panel installations remain firm, supported by federal policy and local-government initiatives. In Japan's solar-cell market, activity is also gathering momentum around perovskite solar cells, a next-generation technology, including companies' announcements of clearer mass-production plans, the Japanese government's stated support for development, production and installation, and decisions to provide large-scale subsidies.」

「The U.S. solar-cell market is expected to grow over the long term against a backdrop of growing corporate environmental awareness and policy support from the federal and state governments, among others. Solar-cell manufacturers are increasing capital investment to expand production capacity and fund research and development.」

「In the U.S. solar-cell market, the main focus of our equipment-related business, capital investment by solar-cell manufacturers in production capacity expansion and research and development is accelerating with support from federal policies and local-government initiatives. In Japan's solar-cell market, various companies are advancing development toward mass production of perovskite solar cells, a next-generation technology. Public-private councils are also being held to formulate future strategies, and efforts to expand adoption are gathering momentum.」

「In the U.S. solar-cell market, the main focus of our equipment-related business, capital investment by solar-cell manufacturers in production capacity expansion and research and development is accelerating with support from federal policies and local-government initiatives. In Japan's solar-cell market, various companies are advancing development toward mass production of perovskite solar cells, a next-generation technology, following the government's announcement of support for mass production.」

「In the U.S. solar-cell market, the main focus of our equipment-related business, long-term market growth is expected with policy support, and solar-cell manufacturers are increasing capital investment to expand production capacity and fund research and development. In Japan's solar-cell market, various companies are advancing development, including toward mass production of perovskite solar cells, a next-generation technology, following the government's announcement of support for mass production.」

「In the U.S. solar-cell market, the main focus of our equipment-related business, long-term market growth is forecast against a backdrop of policy support, and capital investment by solar-cell manufacturers is accelerating. In Japan's solar-cell market, development toward commercialization of next-generation solar cells, including perovskite solar cells, which have broader applications than conventional solar panels, is progressing against a backdrop of the Japanese government's target for expanding solar installations.」

「In the U.S. solar-cell market, the main focus of our equipment-related business, long-term market growth is forecast to substantially exceed previous expectations following enactment of the Inflation Reduction Act, and capital investment by solar-cell manufacturers in the United States and elsewhere is accelerating.」

「In the U.S. solar-cell market, the main focus of our equipment-related business, long-term market growth is forecast to substantially exceed previous expectations following enactment of the Inflation Reduction Act, and capital investment by U.S. solar-cell manufacturers is accelerating.」

「Following enactment of the Inflation Reduction Act, which includes measures to support domestic manufacturing aimed at further expanding solar power adoption and establishing an independent related supply chain, long-term market growth is forecast to substantially exceed previous expectations.」

「In the U.S. solar-cell market, the main focus of our equipment-related business, demand for solar power continues to expand as the transition to renewable energy becomes increasingly necessary. Our major customers are receiving orders at a solid pace and have successively announced orders for large-scale projects.」

「The U.S. solar-cell market, the main focus of our equipment-related business, continues to see expanding demand supported by renewable-energy adoption by states and companies and policy support. Policies including higher prices for Chinese-made solar panels and extensions of safeguards on imported panels have created a market environment favorable to U.S. solar-cell manufacturers. For factory automation equipment other than solar-cell manufacturing equipment, capital investment is expected to continue in Japan's strong electronic components industry. In the United States, there is demand for Japanese factory automation equipment manufacturers capable of supporting local manufacturing and modifications. Meanwhile, our equipment-related business has been affected by higher costs resulting from longer component lead times and rising raw material costs.」

「The U.S. solar-cell market, the main focus of our equipment-related business, continues to see expanding demand supported by renewable-energy adoption by states and companies and policy support. However, prices of Chinese-made solar panels, which account for much of the market, have risen and distribution volumes have declined, raising concerns that the pace of new power plant installations may slow. This is increasing demand for solar-cell manufacturers outside China. For factory automation equipment other than solar-cell manufacturing equipment, capital investment is expected to continue in Japan, particularly in strong industries such as electronic components. In the United States, there is demand for Japanese factory automation equipment manufacturers capable of supporting local manufacturing and modifications.」

「The U.S. solar-cell market, the main focus of our equipment-related business, is growing steadily as states and companies actively pursue renewable-energy adoption, supported by policies of the Biden administration, and new solar power generation capacity additions are forecast to exceed the previous year's level.」

「The U.S. solar-cell market, the main focus of our equipment-related business, is growing steadily as policy support and progress by states and companies in adopting renewable energy have driven new solar power generation capacity additions in 2020 to a record high.」

「In our equipment-related business, particularly the solar-cell market, the market is growing steadily as solar power generation costs decline and interest in renewable energy has increased further since the spread of COVID-19. Capital investment in factory automation equipment has been restrained by the impact of COVID-19, but demand exists, particularly in strong industries such as electronic components. In the solar power generation industry, in which our environmental business operates, certified domestic solar power plants are being installed sequentially. In addition, interest in renewable energy generally has increased since the Japanese government announced its 2050 carbon-neutrality target. Looking ahead to the large volume of panels expected to be retired, the need to establish appropriate recycling methods and processing systems for retired panels continues to grow.」

「The solar-cell market related to solar-cell manufacturing equipment experienced a temporary slowdown in new installations during the COVID-19 pandemic, but continues to expand. More recently, global interest in renewable energy has increased further, and the market is expected to continue growing steadily.」

「In the solar power generation industry, in which our environmental business operates, domestic new installations have recovered since 2019 as power generation costs have fallen and interest in renewable energy has grown further, and installations are expected to continue at a high level.」

「In our equipment-related business, although conditions vary by the industries to which we provide factory automation equipment, there is broad demand for greater production efficiency, production capacity and utilization rates, including among industries other than U.S. solar-cell manufacturers, our major customers. Demand for factory automation and labor-saving measures within factories also remains strong amid labor shortages.」

「In our equipment-related business, although conditions vary by the industries to which we provide factory automation equipment, there is broad demand for greater production efficiency, production capacity and utilization rates, including among industries other than U.S. solar-cell manufacturers, our major customers.」

「In particular, in the U.S. market, where our company is focusing its efforts, solar installations have continued at a solid pace, supported by various policies and initiatives in each state to achieve RE100 targets. As capital investment by major U.S. customers remained firm, our order intake expanded.」

「In the solar-cell industry, in which our Group operates, concerns had been raised about a slowdown in the Chinese market. However, various policies, mainly in the United States and India, setting renewable-energy adoption targets, together with initiatives by RE100 member companies backed primarily by ESG investment in Europe and the United States, are expected to support year-on-year growth in global solar installations. As last year, the United States, China and India are the main installation markets, while project development is also expected in emerging markets such as South America, the Middle East and Southeast Asia. In the U.S. market, where our company is focusing its efforts, installations have remained firm, supported by various policies and initiatives in each state to achieve RE100 targets, and are expected to grow year on year.」

「In the solar-cell industry, in which our Group operates, concerns had been raised about a slowdown in the Chinese market. However, various policies, mainly in the United States and India, setting renewable-energy adoption targets, together with initiatives by RE100 member companies backed primarily by ESG investment in Europe and the United States, are expected to support year-on-year growth in global solar installations. As last year, the United States, China and India are the main installation markets, while project development is also expected in emerging markets such as South America, the Middle East and Southeast Asia. In the U.S. market, where our company is focusing its efforts, installations are also expected to grow year on year, supported by various policies and initiatives in each state to achieve RE100 targets.」

「In the solar-cell industry, in which our Group operates, concerns had been raised about a slowdown in the Chinese market. However, various policies, mainly in the United States and India, setting renewable-energy adoption targets, together with initiatives by RE100 member companies backed by ESG investment, are expected to support steady installations going forward. The United States, China and India are currently the main installation markets, while project development is also expected in emerging markets such as South America and the Middle East. In Japan, annual solar installations are trending downward, but construction of utility-scale solar power plants continues and demand for self-consumption generation by private companies is expanding.」

「In the solar-cell industry, a major market for our Group, panel installations have begun sequentially following project tenders in emerging markets such as South America, the Middle East and Africa, in addition to established markets such as the United States, China and India, as falling solar power generation costs and greater environmental awareness support demand. Demand for self-consumption among private companies focused on ESG investment has also expanded, supported by improving solar power economics, and the market continues to grow steadily worldwide. In Japan, annual solar installations are trending downward, but construction of utility-scale solar power plants continues in various regions.」

「In the solar-cell industry, in which our Group operates, aggressive capital investment plans became evident in the United States, where several solar-cell manufacturers announced plans to establish or expand solar-cell manufacturing sites amid the activation of safeguards on imported crystalline silicon solar cells. Installations also progressed in major markets such as China, the United States and India, as well as in emerging markets. In Japan, although the solar-cell market is contracting, construction of utility-scale solar power plants continued in various regions.」

「In the solar-cell industry, in which our Group operates, installations continued in markets including China, India and the United States.」

「In the solar-cell industry, in which our Group operates, installations continued in markets including China, the United States and India, led by China.」

「In the solar-cell industry, in which our Group operates, installations continued in markets including China, the United States and India, led by China. Although some of our solar-cell manufacturing customers moved to review their capital investment plans to address cost competition, others moved to introduce large-scale production lines to meet growing demand.」

「In the solar-cell industry, in which our Group operates, installations continued in major markets such as the United States and China, as well as emerging markets such as India. However, as solar-cell prices continue to fall worldwide, our solar-cell manufacturing customers have moved to review their capital investment plans to address cost competition.」

「In the solar-cell industry, in which our Group operates, installations continued in major markets such as the United States and Japan, as well as emerging markets such as India. However, as solar-cell prices fell worldwide, our solar-cell manufacturing customers moved to review their capital investment plans to address cost competition.」

「In the solar-cell industry, in which our Group operates, installations continued in major markets such as the United States and Japan, as well as emerging markets such as India. However, oversupply became evident in China and solar-cell prices fell worldwide, prompting our solar-cell manufacturing customers to adjust production plans and other measures to address cost competition.」

「Demand for solar installations is expanding worldwide, particularly in the United States and China. As a result, our solar-cell manufacturing customers are upgrading equipment to increase production capacity and moving ahead with capital investment in new equipment.」

「Demand for solar installations is increasing worldwide, particularly in China, the United States and Japan. As a result, solar-cell manufacturers, our customers, have maintained high factory utilization rates, and are upgrading existing equipment and installing new equipment to increase production capacity.」