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True value solar Blog

Solar trending in Japan

Japan has been predicted to become the world’s second largest in solar power with greater incentives beginning July 1. The Industry Minister has set a premium price for solar electricity that may encourage up to 3.2 gigawatts in capacity of solar installation, totalling $9.6 billion. The rate paid for solar power is set at 42 yen (53 cents) a kilowatt-hour for 20
years to solar power producers. This is twice the rate of Germany, who is currently the world’s largest in solar power installation.

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