27 Mar '12, 1am

Good news: Solar & wind set to boom in Japan.

Bloomberg New Energy Finance research: new Japan feed-in-tariff scheme offers attractive returns for solar and wind projects, setting the stage for renewables to become an important source of electricity Tokyo, London and New York, 26 March, 2012 – The development of wind and solar projects in Japan will generate highly attractive returns under the feed-in-tariffs recently proposed by the Japanese government, according to clean energy market research provider Bloomberg Energy Finance. This is despite much higher costs for solar in Japan than elsewhere in the world. Since the Fukushima nuclear disaster a year ago Japan has been grappling with the need to diversify its energy mix. One of the policy measures adopted by the government, a renewable feed-in tariff (FiT) programme, starts July 2012 and has the potential to accelerate renewable electricity generation across the co...

Full article: http://www.bnef.com/PressReleases/view/202

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