The forecast for Solar Energy Capacities in Japan shows a consistent uptick from 2024 to 2028, starting at 87.95 thousand megawatts in 2024 and reaching 105.65 thousand megawatts by 2028. The annual growth rate observed spans from around 5.1% to 4.3% year-on-year from 2024 through 2028. From 2023 to 2024, the actual growth stood at approximately 5.7%. The compounded annual growth rate (CAGR) over the forecast period is around 4.7%.
Future trends to watch for include advancements in solar technology, policy changes favoring renewable energy, and potential market shifts due to economic factors or emerging energy alternatives. Monitoring investment patterns and government incentives will also be crucial in forecasting future solar energy capacities in Japan.