Japan Approves National Feed-in Tariff | Renewable Energy News Article
Japan has positioned itself to become the next large growth market for renewable energy. The approval on Friday of this national feed-in tariff law will bolster the solar, wind, and geothermal industries by mandating that utilities buy power from renewable sources at above-market rates.
As of 2010, Japan had 2.3 gigawatts of wind power installed and 3.6 gigawatts of solar PV (mostly in rooftop residential installation), according to the Global Wind Energy Council. Geothermal activity could also increase since the country sits atop a hotbed of the Pacific ‘Ring of Fire’.
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