The
committee
says
rates
should
be
cut
to
¥37.8
($0.39)
per
kWh
from
1
April,
when
a
new
fiscal
year
begins,
down
from
the
current
¥42
–
a
reduction
that
would
be
broadly
in
line
with
expectations.
If
enacted,
the
11%
cut
would
be
lower
than
the
cost
decline
seen
for
PV
modules
since
Japan
introduced
its
FIT
cut
last
summer,
suggesting
minimal
damage
to
the
momentum
that
has
built
up
within
the
Japanese
solar
market.
The
panel,
which
advises
the
Ministry
of
Economy,
Trade
and
Industry,
recommended
holding
FIT
rates
steady
for
other
technologies
such
as
wind
and
geothermal,
which…
