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Japanese companies with the technical prowess to develop highly efficient renewable energy systems are looking to lead the global market, with several firms setting up operations in Europe and elsewhere.

Sony Corp. has begun to field-test renewable energy systems in Okinawa Prefecture with an eye on early commercialization as interest in environmental problems and energy conservation grows.

Mitsubishi Corp. is looking to build large-scale solar power plants in Japan, anticipating the start of a national feed-in tariff program.

Southeast Asian countries are taking another look at renewable energy as they work to satisfy rising demand for electricity amid new concerns about nuclear power following the accident at the Fukushima Daiichi nuclear plant.

The Asian Development Bank is stepping up financial assistance to photovoltaic and solar thermal power plants in the region to promote development of renewable energy.

German concern Q-Cells SE said Wednesday it has entered the Japanese market for home solar power systems with a sales network made up of local contractors.

LG Chem Ltd. has joined the growing band of South Korean chemical firms looking to produce polysilicon, a key material for solar cells, and tap into surging demand for photovoltaic generation.

Mitsubishi Corp. will take part in one of the world’s largest solar thermal projects by buying into a subsidiary of Spanish renewable energy giant Acciona SA, The Nikkei learned Thursday. The Japanese trading house has reached an agreement to take a 15% interest in the Acciona unit. It will acquire the shares for slightly more …

Three companies bid to build a 50- megawatt solar-thermal plant in China, as the world’s largest energy consumer uses a competitive tender process for the first time to award a power project using the emerging technology.