Japanese Go Solar Power into Their Homes
30 September, 2008
Japan joins the world's new trend in solar power generation by supporting households that would buy a solar power system, with a subsidy of about 200,000 yen (a little under $2000). This plan is intended to promote "the green" power and to help reduce the greenhouse gas emissions, according to Nikkei bussiness daily.
One of the objectives of the subsidy payment is to stimulate the mass production of solar power systems so that to lower the costs. The price of such systems is about 2 million yen each and the subsidy represents only 10% of its value. The subsidy is more likely to be introduced as early as the current fiscal year to end March 2009.
At the present, in Japan, there is a total of 1.4 million kilowatts of electricity generated from the household solar power systems. One of the targets set by the Japanese government is to give a boost to the solar power generation by mobilizing also the forces of science and technology.
This means less negative effects on the environment and more "green" happy smiles.