The Japanese Ministry of Economy, Trade and Industry is planning on boosting subsidies for residential solar installations to the tune of approximately US$100 million in the first quarter of 2009, followed by a further US$200 million and more through FY2009, starting in April, Reuters has reported.
The report highlights concern within the government that greenhouse gas emissions targets may not be met without a boost in solar installations as well as the acknowledgment that Japanese photovoltaic manufacturers have lost market share in recent years as domestic incentives were virtually eliminated.
(Article from PVTech)
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