Japan May Spend 50 Billion Yen for Energy Storage, Yomiuri Says

Japan May Spend 50 Billion Yen for Energy Storage, Yomiuri Says

The Japanese government is considering the allocation of 50 billion yen ($415 million) to subsidize installations of storage systems for solar power, the Yomiuri newspaper reported.

The government plans to help utilities and solar power producers install systems as part of a supplementary budget for the fiscal year ending March 31, the paper reported, without saying where it got the information.

The government will release a set of economic stimulus measures on Dec. 27, including plans to promote clean energy, Yomiuri said.

Source: Bloomberg

SMART GRID Bulletin September 2017


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