Japan to promote perovskite solar technology through feed-in tariffs
According to reports, Japan's government plans to advance perovskite flexible solar power panels through the country's feed-in tariff system, seeking to encourage investment in the technology. The Ministry of Economy, Trade and Industry plans to set the price of energy produced from perovskite cells at 10 yen (6 cents) per kilowatt-hour or more, higher than the current level for solar power, starting as early as fiscal 2025.
Light, flexible perovskite cells can generate electricity in places where traditional solar panel installation is not feasible, such as building walls and windows. The base technology is Japanese, and Japanese companies are involved in vigorous R&D with emphasis on quality and durability. At the same time, Chinese companies have begun mass production and are leading in commercialization.