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Sunny days ahead for Japan's solar market

By Liu Yiyu ( China Daily ) Updated: 2012-07-02 07:52:22

Chinese solar companies are eyeing neighboring markets for business opportunities as Japan switches to solar power to cut its dependence on nuclear energy.

On June 18, the Japanese government announced a new feed-in tariff, which took effect on Sunday.

The tariff requires the Japanese power grid to pay solar companies 53 cents per kWh for the solar energy they feed into the system for the next 20 years.

Sunny days ahead for Japan's solar market

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