Japan's solar market could install 10 gigawatts this year, more than any country has ever installed in a single year. Companies like SunPower (NASDAQ:SPWR) and Canadian Solar (NASDAQ:CSIQ) are already pushing into the market, supplying a high percentage of their panels there at a high margin. But there are also opportunities for other manufacturers.
Trina Solar (NYSE:TSL) and Yingli Green Energy (NYSE:YGE) need the Japanese market to return to profitability. The third quarter will tell whether they're taking a step in that direction or looking to China for growth.
Erin Miller sat down with solar analyst Travis Hoium to discuss what's happening in Japan and who the winners and losers will be going forward.
Erin Miller and The Motley Fool have no position in any stocks mentioned. Fool contributor Travis Hoium manages an account that owns shares of SunPower. He personally owns shares of and has the following options on SunPower: long January 2015 $5 calls, long January 2015 $7 calls, long January 2015 $15 calls, long January 2015 $25 calls, and long January 2015 $40 calls. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.