The World's #1 Renewable Energy Network for News, Information, and Companies.

Solar Makes Up 83% of Clean Energy Projects Approved by Japan

Solar Makes Up 83% of Clean Energy Projects Approved by Japan

The Ministry of Economy, Trade and Industry in Japan approved clean energy projects totaling 1,780 megawatts of capacity, with solar accounting for 83 percent, as of the end of September under a government incentive program.

Of that, solar projects totaled 1,480 megawatts, followed by 292 megawatts in wind projects, the ministry said yesterday on its web site. Since April, Japan has added 912 megawatts in capacity in clean energy with solar projects making up 885 megawatts of the total, the ministry said.

Japan introduced tariffs in July to promote investments in clean energy. The ministry is projecting Japan will add 2,500 megawatts of clean energy by the end of March following the introduction in July of so-called feed-in tariffs or subsidies, which require utilities to buy power from renewable energy providers at premium prices.

Developers of clean energy projects applying for above- market rates set by the government need to submit project applications to the ministry and grid connection application to power utilities.

As some projects take longer to set up, the approved projects will not necessarily start operations by the end of this fiscal year ending in March, according to the ministry.

“Several large-scale solar power plants are scheduled to start operations toward the end of this fiscal year so the non- residential solar sector is expected to expand,” it said.

Copyright 2012 Bloomberg

Lead image: Stamp of approval via Shutterstock

RELATED ARTICLES

Gavel

Three Chinese Solar Panel Groups Lose Exemption From EU Tariffs

Jonathan Stearns, Bloomberg

The European Union applied tariffs on three groups of Chinese solar-panel makers that have been exempted from the levies, potentially reviving tensions in the EU’s biggest trade case of its kind.

Stock graph

Green Bonds Sprout as Wall Street Embraces Renewable Energy Debt

Cordell Eddings, Bloomberg Bonds backing clean energy and other sustainable initiatives are booming. Investors are snapping up green bonds at the fastest pace on record, as big banks like Morgan Stanley and Bank of America Corp. pile in with new iss...
Loss and profit binders

Yingli May Return to Profitability in Second Half, CFO Says

Justin Doom, Bloomberg

Yingli Green Energy Holding Co., a Chinese solar manufacturer that hasn’t reported income in almost four years, may return to profitability in the second half, the chief financial officer said.

Students and solar powered cars with energy storage

Rain or Shine, Students Keep Their Solar Race Cars Going with Energy Storage

Wayne Hicks, NREL Teegan and Kira Cordova love the original Star Trek TV series. That much is obvious. The eighth-grade twins from Ken Caryl Middle School in Littleton are wearing the uniform tunics from the 1960s show — Teegan's in red and...

CURRENT MAGAZINE ISSUE

Volume 18, Issue 3
1505REW_C11

STAY CONNECTED

To register for our free
e-Newsletters, subscribe today:

FEATURED PARTNERS



EVENTS

PV-301: Advanced PV Design & Installation

This highly desirable and advanced course is intended for the profession...

PV-401: Advanced Field Training

Real world on the job solar installation, training, and experience is th...

PV-201: Introduction to PV Design & Installation

PV 201 Introduction to PV Design & Installation is simply the best i...

COMPANY BLOGS

Up to Bat – Why More Solar Companies Are Thinking Seriously About A...

Given the growth of the solar industry in the U.S., with 2014 year-...

How to Reduce Soft Costs With a Critical Path Map

For solar installers, soft costs are a fact of life. However, they don&r...

Community Solar Solutions Appeal to Eco-Conscious Millennials

Tech savvy and convenience oriented, the millennial generation is the mo...

SOCIAL ACTIVITY

Tweet the Editors! @megcichon @jennrunyon

NEWSLETTERS

Renewable Energy: Subscribe Now

Solar Energy: Subscribe Now

Wind Energy: Subscribe Now

Geothermal Energy: Subscribe Now

Bioenergy: Subscribe Now  

 

FEATURED PARTNERS