Japan clamps down on stalled renewables projects
Around 456,000 projects failed to meet the government's deadline.
Bloomberg Quint reported that about a quarter of all approved clean-energy projects in Japan may no longer qualify for government incentives after failing to meet a deadline to secure grid access, according to preliminary estimates from the Ministry of Economy, Trade and Industry.
Some 456,000 projects totaling 27.7 gigawatts failed to get connections to the grid from local utilities by a government-imposed deadline, the ministry said in the report, adding that the final number could be smaller.
Japan introduced the deadline to weed out stalled clean-energy projects that had won preferential power prices but were never built.
View the full report here.