Japan adopts feed-in tariff to boost renewables

To Bloomberg : ” Japan approved a bill today to subsidize electricity from renewable sources, joining European nations in shifting away from nuclear power after the Fukushima reactor meltdowns in March.”

” (…) The bill allows for incentives that guarantee above-market rates for wind, solar and geothermal energy. The so-called feed- in tariff created a race to install solar panels when implemented in Germany and Spain.”

” (…) Solar panels had capacity to produce about 3.68 gigawatts of power at the end of last year in Japan, and the government is targeting 28 gigawatts by 2020.”

By Edouard

Edouard is a sustainability and energy professional committed to bringing our societies to a carbon neutral future. He has been writing on related topics on this very blog since 2007.

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