Report: Japan Plans to Bring Back Solar Subsidies
For the solar industry, some promising news from the land of the rising sun.
According to Reuters, Japan’s Ministry of Economy, Trade and Industry is discussing bring back subsidies for the country’s solar sector. The story, citing unidentified ministry officials, says that the country is considering subsidies and tax breaks that could halve the cost of putting up solar panels in households. “It’s clear that lack of vision dented Japan’s lead in market share,” said the official.