(Bloomberg) — The Japanese government is considering the
allocation of 50 billion yen ($415 million) to subsidize
installations of storage systems for solar power, the Yomiuri
newspaper reported.
The government plans to help utilities and solar power
producers install systems as part of a supplementary budget for
the fiscal year ending March 31, the paper reported yesterday,
without saying where it got the information.
The government will release a set of economic stimulus
measures on Dec. 27, including plans to promote clean energy,
Yomiuri said.
To contact the reporter on this story:
Chisaki Watanabe in Tokyo at
cwatanabe5@bloomberg.net
To contact the editors responsible for this story:
Reed Landberg at
landberg@bloomberg.net
Keith Gosman