Thursday, February 27, 2014

Japan FIT changes could see the end of Residential PV Program

Japan will announce its new FIT rates sometime in March and it will become effective April 1, 2014.

And the policy change may affect the growth of the Japanese PV market, according to Renewable Energy World (REW). To re-cap, the current support from the government on residential in terms of rebate and feed-in tariff (FIT) programs, has made Japan one of the world's top markets.

End of residential PV program?

The national residential PV subsidy program which started 20 years ago will be ended. When the program closes its door in March 2014, it is expected to have solarized over 1.5 million residential roofs, or added about 6 GW-worth of PV capacity, in Japan.

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