Japan will cut solar subsidies next year

Japan will cut solar subsidies next year According to estimates by solar energy companies, Japan's chances of cutting solar subsidies in 2013 are quite high. At present, the Japanese market rumors that the more common subsidy cut range from the current 42 yen to 36 or 32 yen range, the average decline of 15 to 25%, the implementation time may be March or July, so the first quarter of 2013 It also became a powerful hurrying wave before subsidies were cut.

According to the Japan Solar Power Association (JPEA), the current subsidy rate in Japan can at least allow the system's return on investment (FIT) to stay above 6%. In order to effectively supply electricity, it is in principle inclined to maintain a comparable subsidy level for three years, even if the electricity tariff is reviewed and adjusted annually.

The data released by the Ministry of Economy, Trade and Industry of Japan in mid-December showed that since April 2012, the cumulative installed capacity of solar energy systems in Japan has reached 1.4 billion watts. The installed capacity of residential projects was 1,027 GW, and the total installed capacity of non-residential projects was 371 MWp. Since the implementation of FIT in July, the installation of solar energy systems has seen a high degree of thermal expansion. It is estimated that Japan's 2012 annual residential installation of solar energy system projects will reach 1.5 billion watts, non-residential solar energy system installation will reach 500 MWp, and the total installed capacity will reach 20 Gigawatts.

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