Japan implemented a significantly generous solar feed in tariff, equivalent to $0.42/kWh for 20 years. It is expected that this will result in every available inch of available land being deployed with solar until there is no land available. One innovation is the newly opened 70 MW
Kyocera solar plant, which covers 315 acres of land filled in a shallow area off the coast of Japan.
The present value of the solar FIT is equivalent to $3.15/watt, which exceeds the fully loaded installed system price. Hence, we are going to see an unprecedented boom in solar deployment in Japan over the next few years.
Below is Japan's tariff schedule for renewable energy along with several photographs of the Kyocera plant..
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