Japan Plans Low-Interest Loans for Rooftop Solar, Nikkei Says

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Japan’s Ministry of Economy, Trade and Industry plans to provide low-interest loans to companies that borrow residential rooftop space for solar power generation, the Nikkei newspaper reported today.

The ministry plans to make loans available through government financial institutions such as Development Bank of Japan Inc., the newspaper cited Trade Minister Toshimitsu Motegi as saying. Motegi will announce the plan tomorrow in a meeting on industrial competitiveness, according to the paper.