24 Aug '12, 11pm

Japanese Home Improvement Co. Launches Billion-Dollar Solar Power Plant Program

At this stage, it’s uncertain just how much in the way of clean, renewable solar power Japan Mega Solar’s investment program, as well as that of others who have announced they’re investing in the sector, will add to Japan’s power generating capacity. The Japanese government set the solar power tariff rate at a higher than expected 42 yen (~$0.53) per kilowatt-hour for 20 years in July, but that’s subject to annual review. That’s about three times the per-kilowatt rate industrial consumers paid for electricity in the 12 month-period that ended in March, Bloomberg notes.

Full article: http://cleantechnica.com/2012/08/24/japanese-home-improve...

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Japanese Home Improvement Company Launches Billion-Dollar Solar

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