Japan May Lower Solar Tariff by 11% Following Decline in Costs
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Japan may reduce its tariff for purchases of solar power by 11 percent amid falling costs to set up generation systems, Bloomberg New Energy Finance estimated.
Above-market rate for solar could fall to 32 yen (31 cents) per kilowatt hour for fiscal 2014 from the current rate of 36 yen per kilowatt hour for 20 years, the London-based researcher said in a report yesterday. Both rates are before tax.