Japan to slash fixed prices for solar power feed-ins

Government aims to push out generators that bide their time

20181012N solar panel

A solar power facility in Japan. Many companies have signed up to sell solar energy under the feed-in tariff, but have not actually taken any concrete steps to produce it.

KOSUKE TAKEUCHI, Nikkei staff writer

TOKYO -- In an overhaul of a feed-in-tariff scheme introduced six years ago, the Japanese government will bring down prices promised to solar power producers in the past and ease the burden on the major power companies required to buy energy from them.

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