Japan to offer higher prices for energy from flexible solar cells

Feed-in tariffs to help companies making next-generation perovskite products

Sekisui Chemical is among Japanese companies trying to commercialize perovskite solar cells, which can be installed on the sides of buildings and windows. (Photo by Daishi Chiba)

DAISHI CHIBA, Nikkei staff writer

March 8, 2024 01:39 JST

TOKYO -- Japan's government plans to give preferential treatment to next-generation bendable solar power panels under the country's feed-in tariff system, seeking to encourage investment in the Japanese-born technology.

The Ministry of Economy, Trade and Industry plans to set the price of energy produced from perovskite cells at 10 yen (6 cents) per kilowatt-hour or more, higher than the current level for solar power, starting as early as fiscal 2025.