The
failure of developers to deliver on planned solar projects in Japan
will cost the country’s utilities $3.5 billion annually in additional
coal and gas imports to generate power. The creation of huge subsidies
and virtually no requirements for being aproved seems to be the major
cause of the problem. Impossible projects receiving money included plans
for exploitation of national parks, forests and mountains that could
never be used. Solar projects can take up to three years to complete, so
some are still being built. But more than half of the approved projects
may never be built, sources said.
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