Japan Reintroduces Subsidies For Residential Solar Systems

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Japan's New and Renewable Energy Division, Energy Conservation and Renewable Energy Department, and Agency for Natural Resources and Energy plan to offer subsidies for residential solar energy generation systems.

The Japan Photovoltaic Energy Association will begin accepting applications for the subsidies – 70,000 yen per nominal output of a 1 kW solar cell module – on Jan. 13, 2009.

According to the Japanese Ministry of Economy, Trade and Industry, the goal of the subsidies is to lower the price of residential solar generation systems and promote the expansion of the market in order to achieve the objectives of the Kyoto Protocol target. Eligible systems must have a maximum output of less than 10 kW.

SOURCE: Japanese Ministry of Economy, Trade and Industry

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