Japan’s economics ministry requests 62% clean energy budget increase

Facebook
Twitter
LinkedIn
Reddit
Email

Japan’s Ministry of Economics, Trade and Industry (METI), has requested an increase in the nation’s clean energy budget of 62%, partly to help relieve bottlenecks of solar power projects.

METI released a series of budget requests in various fields, including two relating to the provision of renewable energy, which would require ¥46.2 billion yen (US$47.1 million) invested into the electrical grid system from an overall budget request for ¥198.1 billion yen (US$2 billion).

This article requires Premium SubscriptionBasic (FREE) Subscription

Try Premium for just $1

  • Full premium access for the first month at only $1
  • Converts to an annual rate after 30 days unless cancelled
  • Cancel anytime during the trial period

Premium Benefits

  • Expert industry analysis and interviews
  • Digital access to PV Tech Power journal
  • Exclusive event discounts

Or get the full Premium subscription right away

Or continue reading this article for free

The document also discusses budgeting for assessment and research into various clean energy technologies including ‘smart’ energy saving integrated systems and lithium ion battery installation.

The news comes as Bloomberg reports that in southern Japan, solar power projects are struggling to connect to the grid. Utility companies Chugoku Electric Power and Kyushu Electric Power each have less than 1GW of grid space remaining

In April, Hokkaido Electric Power, based on the northern Japanese island of Hokkaido, revealed that as few as one in four solar power stations were being connected as scheduled due to overcapacity, with the grid unable to cope. Japan’s grid system is split into 10 geographically divided regions, with different utility companies in different regions.

METI released approved installation figures for commercial solar power plants of 19GW for the fiscal year ending March 2013, with only around a tenth of that approved capacity thought be actualy installed in the period, for reasons including grid overcapacity and poor interconnection as well as a land shortage for large scale ground-mounted facilities. Investment in the grid system in Japan has been considered a necessity by many including the Japan Renewable Energy Foundation, headed by Masayoshi Son of telecommunications company Softbank, one of the Japan’s richest men.

Read Next

June 26, 2026
Waaree Renewable Technologies has acquired a 55% stake in Associated Power Structures for INR12.25 billion (US$129 million).
Premium
June 26, 2026
Europe’s solar industry seemed a little downbeat as it trudged to Munich for Intersolar Europe 2026 this week. Under the unforgiving June heat, PV Tech took the temperature of the industry.
June 26, 2026
VinEnergo and SunAsia Energy have partnered to develop 422MWp of floating solar projects in the Philippines.
Premium
June 26, 2026
PV Tech spoke with Bloomberg Intelligence about Nextpower's acquisition of Zimmermann and how this was a logical next step.
June 26, 2026
Chinese solar manufacturer Astronergy has launched ASTRO N7s 3.0, its latest residential solar module, at Intersolar Europe 2026.
June 25, 2026
R.Power has secured a €41.6 million (US$47.3 million) project finance facility for four solar projects in Romania with a combined capacity of approximately 75MWp.

Upcoming Events

Solar Media Events
October 13, 2026
San Francisco Bay Area, USA
Solar Media Events
November 3, 2026
Málaga, Spain
Solar Media Events
November 24, 2026
Warsaw, Poland
Solar Media Events
April 20, 2027
Istanbul, Türkiye