Japanese solar FIT likely to be set at 51¢ per kWh

Asia

Japanese solar FIT likely to be set at 51¢ per kWh

23.04.2012: Citing an article published by Nikkei business daily, Reuters reports that Japan’s new feed-in-tariff (FIT) scheme will likely have a tariff of ¥42 yen (51¢) per kWh when the program launches in July. The ¥42 rate, which has yet to be approved by Japan's Trade Minister Yukio Edano, would include tax and would be effective for roughly 20 years, generally in line with what the solar industry has asked. Following last year’s Fukushima nuclear crisis, Japan has been reviewing its energy policy and has been gradually shutting down its nuclear reactors. ... Source: Reuters; Summary: PHOTON http://www.reuters.com http://www.reuters.com/article/2012/04/23/japan-solar-idUSL3E8FN00R20120423

 

 

Monty Bannerman

ArcStar Energy

646.402.5076

www.arcstarenergy.com