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Japan’s new feed-in tariff is attractive for solar and wind via focus.com

The new feed-in tariff scheme in Japan offers attractive returns for both solar and wind power projects, according to analyst Bloomberg New Energy Finance.

By Kari Williamson

The development of wind and solar projects in Japan will generate highly attractive returns under the feed-in-tariffs recently proposed by the Japanese Government, despite the much higher costs for solar in Japan than elsewhere in the world, the analyst says.

The feed-in tariff programme, set to start in July 2012, is part of policy measures to diversify Japan’s energy mix after the Fukushima nuclear disaster last year.

If the Japanese Government implements the rates it is now proposing, they will rank among the world’s most attractive support mechanisms for renewables, Bloomberg New Energy Finance says.

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