The scale of the world's solar power industry is tenfold in 2020


Japan’s Ministry of Economy, Trade and Industry has released a forecast recently that by 2020, the world’s solar power industry will be 10 times the size of the current, reaching 10 trillion yen (currently 1 US dollar is about 96 yen), and the jobs offered will be 1.2 Ten thousand to increase to 110,000.

According to reports, in 2007, Japan's solar cell production accounted for about 25% of the total global solar cell production, and continues to lead the world. The Ministry of Economy, Trade and Industry has established solar power generation as a new growth area for Japan's economic development. The government will support the research and development of solar power related technologies. The basic policy of the Ministry of Economy, Trade and Industry of Japan is to halve the cost of adopting solar power systems within three to five years, to promote the popularization of solar cells in Japan and to expand overseas sales of such products. The department also pointed out that by helping Japanese companies expand their solar cell sales at home and abroad, the global share of solar cell production in Japan will increase to about 33% in 2020.

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