Japan's solar energy boom runs out of steam
Some advocates fear the government is retreating from its clean-energy commitments
Makurazaki, Japan
RICE fields, golf courses and even a disused airport runway. All over the southern Japanese region of Kyushu, unexpected places gleam with electricity-producing solar panels.
Solar use in Japan has exploded in the last two years as part of an ambitious national effort to promote renewable energy. But the technology's future role is now in doubt.
Utilities say their infrastructure cannot handle the swelling army of solar entrepreneurs intent on selling their power. And their willingness to invest more money depends heavily on whether the government remains committed to clean energy.
"It's upsetting," said Junji Akagi, a real estate developer on Ukushima, a tiny island near Nagasaki. He said he hoped to turn a quarter of the island's 2,590-hectare area into a "m…
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Energy & Commodities
California to wrap up ExxonMobil plastics probe ‘in weeks’, AG says
Gold edges higher; hovers near one-week low on tempered Middle East fears
Why has gold’s inverse relationship with the US dollar reversed?
Oil futures fall as fears of a wider Middle East war fade
Malaysia’s Sapura Energy to sell stake in SapuraOMV to TotalEnergies for US$705 million
Saudi Aramco in talks to buy 10% of China’s Hengli Petrochemical