The Japan Ministry for Economy, Trade and Industry (METI) has announced it will introduced a specific feed-in tariff for offshore energy as from 1 April 2014. The new tariff will be set at JPY36/kWh (US$35c/kWh) for power plants above 20 kW of capacity for 20 years. Tariff for onshore wind energy will stay steady at JPY22/kWh (US$21c/kWh). On the contrary, feed-in tariffs for PV systems with capacity above 10 kW will be reduced from JPY36/kWh (US$35c/kWh) to JPY32/kWh (US$31c/kWh) and from JPY38/kWh (US$37c/kWh) to JPY37/kWh (US$36c/kWh) for PV installations below 10 kW of capacity.
Although Japan is providing feed-in tariffs for all renewable energy sources since July 2012, solar projects accounted for about 98% of new installed capacity in 2013 within the feed-in tariffs scheme (up to end-November), while wind projects represented only 0.2% in spite of the fact that Japan has huge offshore wind potential.
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