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Japan to End Support for New Mega-Solar Projects

TOKYO, Dec 15 (News On Japan) –
The Japanese authorities is getting ready to finish assist for brand spanking new large-scale solar energy initiatives beginning in fiscal 2027, as policymakers transfer to revise the framework used to advertise renewable power within the years following the Fukushima Daiichi accident.

After the nuclear catastrophe, the federal government launched a system in 2012 requiring utilities to buy electrical energy generated from renewable sources at premium charges to speed up the shift towards clear power. However, officers at the moment are coordinating plans to exclude new mega-solar initiatives from this scheme starting in fiscal 2027.

The adjustment comes as the value of photo voltaic panels continues to fall because of technological advances, lowering the necessity for the extent of coverage assist beforehand required. At the identical time, native opposition to mega-solar developments has grown, with communities voicing issues over environmental degradation, landslide dangers, and broader issues of safety related to large-scale installations.

Source: TBS

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