Exploring the Challenges of Financing Solar and Storage Systems in Japanese Financial Institutions
Understanding the Current Landscape of Solar and Battery System Financing in Japanese Financial Institutions
In a recent report by Kokusai Kogyo Co., Ltd., a comprehensive survey was conducted targeting professionals involved in the financing evaluation of solar power and battery systems across Japanese financial institutions. The findings, stemming from interactions with 100 individuals in this sector, shed light on the pressing challenges and opportunities for outsourcing in this critical area of energy management.
Major Findings
A Significant Majority Perceive Challenges
The survey uncovered that 86.0% of respondents feel that there are substantial challenges in the financing review and evaluation of solar and battery systems. This sentiment reflects a general consensus among professionals that the current methodology warrants improvement. Specifically, when asked about the nature of these challenges, respondents pointed out:
- High Uncertainty in Market and Future Predictions (59.3%)
- Time-consuming Data Collection (54.7%)
- Lack of Specialized Knowledge and Experience (45.3%)
These insights indicate that amidst the growing demand for renewable energy solutions, many financiers find themselves bogged down by complexities.
External Support is Viewed Positively
Interestingly, 73.0% of those surveyed recognize the value of outsourcing in their operations. Of this group, 56.2% emphasized the importance of high-level expertise and rapid response time when considering external services for these highly specialized tasks. This opens the door for companies offering tailored solutions to harness the growing trend of external partnerships in the finance sector.