Japan has introduced a six-month extension to the deadline for a reduction in feed-in tariffs (FITs) for solar projects approved between 2012 and 2014 and larger than 2 MW. The new rules will apply from 1 April 2016 until 31 December 2016. Japan's Ministry of Economy, Trade and Industry said the FIT reduction will impact 23.5 GW of capacity. The Japanese Chamber of Commerce for America, Australia-New Zealand, Canada and France, and the European Business Council has called on Japan to ease the conditions for the FIT reduction.
Japan has introduced a six-month extension to the deadline for a reduction in feed-in tariffs (FITs) for solar projects approved between 2012 and 2014 and larger than 2 MW. A deadline for grid-connections of projects larger than 2 MW has also been extended, until 30 September 2030. Japan's Ministry of Economy, Trade and Industry said the FIT reduction will impact 23.5 GW of capacity. The Japanese Chamber of Commerce for America, Australia-New Zealand, Canada and France, and the European Business Council has called on Japan to ease the conditions for the FIT reduction.