Japan has introduced a six-month extension to the deadline for a reduction in feed-in tariffs (Ministry of Economy, Trade and Industrys) 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 FIT said the Ministry of Economy, Trade and Industry 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 Ministry of Economy, Trade and Industry 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.