The Japanese Ministry of Economy, Trade, and Industry (METI) announced on June 17th the withdrawal of FIT certifications for 144 solar plant facilities with capacities totaling 290MW. While there are 288 approved PV projects totaled at 1950MW that have yet to enter the construction phase, METI has the right to revoke these projects’ FIT certifications if they do not start construction by the end of August, according to analysis from EnergyTrend, a subsidiary of Taiwan-based market intelligence firm TrendForce.
