Review may shake-up PV in Japan

Japan is seeing a change of emphasis from residential PV to larger arrays

This PV project moved ahead, but Japan has hundreds more that have failed to advance

A “shake-up” of Japan’s booming solar market could be triggered by the government’s review of sluggish PV projects, further opening the door to foreign companies, industry sources tell Recharge.

The government is scrutinising more than 1,400 PV projects that were approved under its initial, highly generous ¥42 ($0.41) per kWh feed-in tariff (FIT), but which have since failed to move forward.

Judgment on the stuck projects will be meted out in two phases, with punishment likely to come in the form of a rescinded FIT offer.

Projects that have secured neither land rights nor a module-supply contract have until the end of March to do so. Many of these projects are likely to be inherently unviable, and may not be worth buying, Log in to read complete article.

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