Announcement of Japan’s new FiT policy delayed till April

Date: 
March 08, 2012

Those hoping to see the rate of renewable energy developments in Japan pick up after a major slowdown in 2011 will have to wait a while yet.

A government announcement on renewable energy policies was expected in January or February but is now delayed to the end of April. Industry sources noted that Japan has been affected by fiscal budgets; hence subsidies for renewable energy development may be limited.

Solar firms hope Japan's new feed-in tariff will be at least JPY35/W (USD0.43) and will last for 15 years. The Japan Wind Power Association hopes FITs for ground-mounted wind power systems will be at least JPY20/W and last 20 years.