Following the enforcement of the Revised FIT Act, the new Feed-in Tariff (FIT) program took effect in April 2017. The approval scheme was changed from “approval of facility” to “approval of project business plan,” with the requirements for approval including the following: 1) The project contributes to promoting the use of renewable energy-based electricity; 2) The project is expected to be surely realized and 3) Power generation is expected to continue with economic efficiency and stability both during and after the FIT period. This new report “Key Points of the New FIT Program” explains the reform of the FIT program in Japan in detail to support formulating the PV project business plans and to implement the projects smoothly. Electronic data of the report is also provided for effective use of information for internal discussions.

 [Pillars of this report] 

(1) Shifting from the former scheme to the new scheme
(2) Formulation of project business plans following the guidelines 
(3) Issues to be complied and recommendations for formulating project business plans
(4) Tender scheme
(5) Setting of feed-in tariffs (FITs)