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Japan’s solar feed in tariff boosting renewable energy

The Land of the Rising Sun Goes Solar http://financialconservation.blogspot.com/2012/11/the-land-of-rising-sun-goes-solar.html#ixzz2D4daQDH6 Business Insider, Michael E. Douroux, Financial Conservation       | Nov. 22, 2012 “According to a new report from the Japan Photovoltaic Energy Association, domestic shipments of solar cells and modules have risen by 80% in the July-September quarter of this year.

This is on the heels of the Japanese government enacting an ambitious solar energy incentive initiative, a feed-in tariff (known as net energy metering in California) that aims to help support the adoption of solar energy throughout the country.

The feed-in tariff was introduced in the wake of the Fukushima disaster of 2011,  when a powerful earthquake and tsunami triggered a nuclear crisis in Northern Japan. After the disaster, the government made moves to abandon nuclear power. While moving away from nuclear energy has proven to be a slow and laborious process, the country has been keen to aggressively replace nuclear with other forms of alternative energy that are considered safer. Solar energy has, thus
far, become one of the country’s most favored forms of alternative energy for this purpose.”

November 23, 2012 - Posted by Christina Macpherson | Japan, renewable