Japan FIT Applications for PV Now Going Down (September 2014 Data)

According to the data released by the Ministry of Economy, Trade and Industry (METI), the cumulative reserved capacity for PV under the nation’s FIT program has decreased to 69 GW in September from 69.4 GW in August 2014. The number is expected to further go down to 68.9 GW in October.

This reduction reflects the problems related to interconnections with five out of ten electric utilities in Japan. The pace of PV installation has been slowing down. During the month of September 2014, 0.6 GW was installed while in previous months 0.7 GW of PV capacity was installed.

 As of September 2014, 13GW of PV capacity was installed under the FIT program.