Japan plans to restart solar subsidy policy

According to a report released by the Ministry of Economy, Trade and Industry on Wednesday, starting in January, Japan plans to resume all subsidy policies for the solar panel industry, the world's fifth largest product to reduce greenhouse gas emissions.

The Ministry of Economy, Trade and Industry said that the government will allocate 9 billion (US$99.6 million) in solar cell home popularization activities in the first quarter of 2009, and the number may increase from the fiscal year beginning in April 2009. .

In order to achieve the long-term goal of reducing greenhouse gas emissions by 60-80% from the current level in 2050, the government is now committed to installing more than 70% of new homes in solar panels by 2020. The domestic solar market has been saturated since the government cancelled subsidies to the solar industry in March 2006. At the same time, this policy has also spurred many solar cell manufacturers to invest in research projects, and has also slowed down overseas expansion. The pace of the market. At the end of March, Japan’s greenhouse gas emissions reached a record high. According to the current situation, it may be difficult to meet the Kyoto Protocol's goal of reducing greenhouse gas emissions by 6% over the next four years.

The Ministry of Economy, Trade and Industry said that the government may subsidize 70,000 yen/kW for users of solar installations next year, and it is predicted that 35,000 users will receive this subsidy from January 13 to March 31 next year.

Japanese Ministry of Economy, Trade and Industry officials said that in this year's government budget proposal for the fiscal year of April, 20 billion yen is solar subsidy funds, but this policy may be implemented on April 1 next year. Analysts said that Tokyo’s decision to cancel solar subsidies in 2006 helped QC el l, Germany, surpass Japan’s Sharp Corporation as the first supplier of solar cells, while China’s Suntech Power Co., Ltd. also surpassed Kyocera’s market share. Ranked third.


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