Current Status of Facility Certification in the Feed-in-Tariff Scheme;
Prepared by ISEP based on METI data as of December 2012
Japan's Ministry of Economy, Trade and Industry (METI) released on March 29, 2013, a new buyback price for renewable energy under the Feed-in-Tariff Scheme for new entrants in fiscal 2013. For commercial solar power generations that generate more than 10 kilowatts, the price has been reduced to 36 yen (about 38 U.S. cents) per 1 kilowatt-hour from 40 yen (about 43 U.S. cents), excluding tax, regardless of capacity. The price for other energy sources remain unchanged from the previous fiscal year.