PV generation saved by the Japanese government. The companies are offer low-interests loans
The government in Japan is willing to help the Pv industry bloom. Regarding this matter, the government thought is for the best that the companies are offered low-interest loans for. The offer is available to those who install rooftop power systems.
The Japanese government is offering to help rooftop PV installers boost.
The Ministry of Economy, Trade and Industry in Japan will soon provide secure low interest loans to companies burrowing rooftop space for solar panels.
Citing the Nikkei newspaper, Bloomberg informs that the credit will be available via public financial institutions such as the Development Bank of Japan.
Companies will be allowed to sell electricity produced by the solar panels on the rooftops of people’s homes. These homeowners will also have something to gain in return for renting their rooftop space: they will receive between 10,000 yen ($97, €75) and 20,000 yen ($195, €150) a year.
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