FIT price for FY2020 officially decided, major changes in solar market such as "regional utilization requirements"
The Ministry of Economy, Trade and Industry has announced the purchase price and levy unit price of the renewable energy fixed price purchase system (FIT) in FY2020. The levy unit price borne by consumers increased by 0.03 yen from FY2019 to 2.98 yen / kWh, and a new certification system such as "regional utilization requirements" has been established.
On March 23, 2020, the Ministry of Economy, Trade and Industry announced the purchase price and levy unit price of the renewable energy fixed price purchase system (FIT) for FY2020. The levy unit price borne by customers will increase by 0.03 yen from FY2019 to 2.98 yen / kWh. In the case of an average model home (260kWh of monthly power consumption), the cost will be 774 yen per month and 9288 yen per year. Compared to FY2019, the annual burden was 84 yen, and the monthly burden was 7 yen.
New certification conditions such as "regional utilization requirements"
The purchase price of commercial solar power in FY2020 is 13 yen / kWh for 10kW or more and less than 50kW, 12 yen / kWh for 50kW or more and less than 250kW, and the price is determined by the bidding system for 250kW or more. The target of the bidding system has been expanded from 500kW or more so far.
Furthermore, the so-called small-scale business photovoltaic power generation of 10 kW or more and less than 50 kW is a requirement for FIT certification, "self-consumption type local utilization requirements", such as being available for self-consumption type at the time of disaster Set. Only surplus electricity is purchased by FIT. On the other hand, the FIT system has virtually ended the support for the field-type business of selling all electric power.
The self-consumption rate of 30% or more is required for the small-scale solar power generation to be recognized as a requirement for regional use. Furthermore, a self-sustaining operation function in the event of a power failure is also required. Of the small-scale business solar power, in the case of farming-type solar power generation (solar sharing) that has been approved for the temporary conversion of farmland, even if it is a project that does not consume its own, it has an independent operation function. If so, it is certified as meeting regional utilization requirements. The purchase price of residential solar power generation is 21 yen / kWh.
The same JPY 24 / kWh as in FY2019 will be applied to biomass power generation using general wood of less than 10,000 kW. The purchase price of 10,000 kW or more and biomass liquid fuel (all sizes) will be decided by the bidding system.
For wind power generation, 18 yen / kWh, which is 1 yen down from FY2019, will be applied for newly installed projects. Other replacement projects and floating offshore wind power were 16 yen / kWh and 36 yen / kWh, respectively, and were left unchanged from FY2019. Landing-type offshore wind power is priced by a bidding system. The prices for other hydropower and geothermal are the same as before.
In 2008, Huge Energy established in a beautiful coastal city of Xiamen. The annual output value of RMB is 300 million. In Japan, Philippines, Sri Lanka, Taiwan and some other cities of China have set up branches.As a fast growing and technology leading photovoltaic power generation system integration manufacturer, a long-term strategic partnership with many leading enterprises in the photovoltaic industry at home and abroad.
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