The committee says ratesshould be cut to ¥37.8 ($0.39) per kWh from 1 April, when a new fiscal yearbegins, down from the current ¥42 – a reduction that would be broadly in linewith expectations.

If enacted, the 11% cut wouldbe lower than the cost decline seen for PV modules since Japan introduced itsFIT cut last summer, suggesting minimal damage to the momentum that has builtup within the Japanese solar market.

The