Japan’s solar FiT for the next financial year could be set at ¥24 (US$0.21) per kWh, while controversial curtailment rules to restrict output from PV plants have been applied on the southern island of Kyushu.
Solar Frontier believes it could make some of Japan’s as-yet-unbuilt utility-scale solar projects economically viable, as the company’s partnership with Goldman Sachs-affiliate Japan Renewable Energy prepares to take on 300MW of projects within the next five years.
Developers in Japan with large-scale PV projects in the pipeline have been given just over a year to prove their projects will go ahead, or will lose their feed-in tariff (FiT).
