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Japan: Affected by COVID-19, Part of the FIT Claimed in 2020 Will Be Postponed to 2021

Release date:2021-03-05 Source:Raytech Pageviews:-

Ningbo Raytech New Energy Materials Co., Ltd. specializes in “PV Modules Manufacturing and System Integration” and “Smart Panel Materials Manufacturing”. The company has independent product R&D teams, national key laboratory and 1.2GW full-automatic manufacturing line. Raytech Double-glass modules come with 12-year product warranty and 30-year performance warranty (2 years and 5 years longer than industry's standard product / performance warranty respectively).

Affected by the COVID-19 and the emergency declaration issued by the Japanese government, many of the projects which applied for FIT certification in 2020 failed to complete the claim.

Therefore, the Japanese government decided to extend the duration of FIT claim during the "emergency declaration".

And during the extension period of 2021, the price of FIT will be the same price of 2020.

"Among the fit projects currently applied for, there are many projects that need to be supplemented and submitted with relevant materials," the Japanese government said.

Considering that the promulgation of the emergency declaration is likely to affect the speed of supplementary identification, it is decided to extend the certification time appropriately.

From the current certification claiming speed, compared with the previous period, many projects that have completed the certification over the years have not been able to complete the audit as normal.

To this end, the comprehensive energy survey, the new energy subcommittee, the electricity and gas subcommittee and the renewable energy subcommittee said that they would extend the certification time of fit project in 2020.

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