Japan to Revise PV Subsidy Downward, Investment in PV System Installation may Increase in the Short Run
Rumors have it that the Ministry of Economy, Trade, and Industry of Japan (METI) is considering revising PV subsidy downward to JPN￥34/kWh in 2014 and JPN￥30/kWh in 2015. According to EnergyTrend, a research division of TrendForce, whether Japan’s subsidy cut will come true or not, it’s projected that Japan’s market demand in both 2014 and 2015 will remain strong. However, if the rumor turns out to be true, the amount of PV system installation is likely to increase substantially in Japan and in turn benefit Taiwanese manufacturers.
