Cheap Renewables To Undermine Coal In Japan
Carbon Tracker Initiative, Tokyo University & CDP: Challenged By Cheaper Solar PV & Wind Power Japan Could Be Staring At $71 Billion In Stranded Coal Power Assets If Not Retired On Time
The Carbon Tracker Initiative report sees LCOEs of offshore wind, utility-scale solar PV and onshore wind becoming cheaper than the LCOE of coal by 2022, 2023 and 2025 respectively, independent of an additional carbon price or more stringent air pollution regulations.
Japan Slashes FIT For Small Scale Solar
Japan’s Ministry Of Economy, Trade & Industry Officially Brings Down Solar FIT For Commercial & Industrial Segment By 22%, Down To JPY 14/kWh; Residential Systems FIT To Hover Between JPY 24 To JPY 26/kWh
Japan has reduced feed-in-tariff (FIT) for the commercial and industrial (C&I) segment by 22% starting from April 1, 2019.
Japan Slashes FIT For Small-Scale Solar
Japan’s METI Brings Down Feed-In-Tariff For Small Scale Commercial Solar Power Plants With Systems Ranging Between 10 kW To 500 kW By 22% To JPY 14/kWh: Enerdata
According to Enerdata, basis recommendations filed by a METI appointed special committee, Japan will bring down FIT for non-residential small-scale commercial solar power plants by 22% to JPY 14 ($0.13) per kWh, in an effort to ‘actualize cost and .
Japan Extends Timeline For Solar FiT Cuts
Japan’s Ministry of Economy, Trade and Industry To Allow Grid Connection Applications For Solar Power Projects Of At Least 2 MW Approved Under FiT Regime By Sept 2019; Commercial Start Could Be By Sept 2020: Reuters
Unlike the operational 235 MW Setouchi Kirei Solar Power Plant, PV power plants under development face severe support cuts if their grid connection applications are not submitted by the end of September 2019; however, this is half a year longer than the government had originally foreseen.
Reuters: 23.5 GW PV At Risk In Japan
Proposed Subsidy Cuts For Solar Power Projects In Japan Under Feed-In-Tariff Could Threaten 23.5 GW PV In Country, Says Reuters; Japanese Photovoltaic Energy Association Suggests Extending Deadline For Grid Interconnection Construction Submission To March 2020
METI in Japan has proposed subsidy cuts for solar power projects that have been approved under FiT between 2012 and 2014, but are yet to connect to the grid, according to Reuters. Pictured is the cityscape of Tokyo, Japan.
235 MW PV Plant Online In Japan
Kuni Umi Asset Management Operationalizes 235 MW Setouchi Kirei Solar Power Plant In Japan Calling It Country’s Largest Solar PV Plant In Operation, Built With An Investment Worth JPY 110 Billion ($965 Million)
According to Kuni Umi Asset Management, Toyo Engineering was the EPC contractor for the 235 MW Setouchi Kirei Solar Power Plant that is now the largest PV plant in Japan. (Photo Credit: Kuni Umi Asset Management Co.
31 GW PV Forecast For Japan From 2018-27
Transition From FiT To Auction Process Likely To Slow Down Japanese Solar Power Sector, Says Fitch Solutions Macro Research; Forecasts 17 GW More PV Between 2018 And 2020 As Project Backlog From FiT Mechanism Comes Online
Japan’s PV market grew from a total of 13.6 GW at the end of 2013 to 48.6 GW at the end of 2017.
Japan Successfully Moves RE Between Two Regions
Kyushu Electric Power Transfers Over 1 GW Renewable Energy To Five Japanese Utilities In Honshu Island For The First Time Since Electricity Reforms Introduced In 2015
The first inter-regional renewable energy transfer in Japan, after the country introduced electricity reforms in 2015, points towards the growing flexibility of the grid here, says Reuters.
Orix Secures Top Spot In Japan
Solarplaza Reports Top 30 Solar Portfolios In Japan At The End Of 2017 Accounted For 4.6 GW Of PV, With Orix Maintaining Its Top Position For Second Consecutive Year
Out of the top 30 operational solar portfolios at the end of 2017 in Japan, Orix Corp. has maintained its top position for the second year in a row with 520 MW, according to Solarplaza.
Japan’s Largest PV Project Started
Pacifico Energy Begins Work On 257.7 MW PV Project, While Gaia Power Starts Construction Of 92 MW Plant
The 257.7 MW Sakuto Mega Solar Power Plant (image rendering) will be Japan’s largest PV power plant and the third project Pacifico is working on in Okayama Prefecture (Source: Pacifico Energy).
