Japan Renewables Report Q2 2015
BMI View: After years of sizeable growth, Japan's renewables expansion is slowing, as the governmentreigns in its support for renewable energy - in light of the government's continued commitment to nuclearpower and the limitations with integrating renewables into the national grid. This is likely to have a knockoneffect on the country's place in our Asia regional renewables index, as Japan's leading position isvulnerable to slippage over the coming quarters.
Japan's renewables industry has been one of the fastest growing, and most attractive - in terms of investment- over the last two years, owing primarily to the lucrative financial incentives on offer to developers,particularly for solar. Feed-in tariffs (FiTs) are the main subsidy mechanism for renewable energy in Japanand have been in place for solar from 2009.
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