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 5, 2026
French utility Engie will invest close to €100 million (US$114 million) in a 155MW solar PV project at its Castelnou power station. 
June 5, 2026
Lightsource has started construction on Queensland's 380MWdc Lower Wonga solar and 281MW/843MWh battery project.
June 5, 2026
Shareholders of Canadian IPP Boralex have approved the acquisition by global investment firm Brookfield Asset Management.
June 5, 2026
Tech giant Google and US renewable energy developer Intersect have partnered to develop a new data centre and energy complex in Texas.
June 5, 2026
The German Association of Energy and Water Industries (BDEW) has called for a reform of the country’s current inheritance tax treatment of agricultural land leased to ground-mounted solar PV.
Premium
June 5, 2026
PV Talk: Jenya Meydbray speaks with PV Tech about Nextpower's roadmap for its steel module frames and the advantages over aluminium frames.

Upcoming Events

Solar Media Events
June 16, 2026
Napa, USA
Media Partners, Solar Media Events
June 30, 2026
Sacramento, California
Media Partners, Solar Media Events
August 25, 2026
São Paulo, Brazil
Media Partners, Solar Media Events
September 1, 2026
Mexico City, Mexico
Media Partners, Solar Media Events
September 9, 2026