Home > business, energy, news, opportunity, renewables, solar, value > New laws to enforce purchasing renewable energy in Japan

New laws to enforce purchasing renewable energy in Japan

Since the nuclear disaster happened last year in Fukushima almost devastated part of the country, Japan government and population are dealing with new ways to meet their energy necessities. Last Sunday July 1st a new regulation enforces companies to purchase renewable energy at a fixed price.

Initiatives like this might lead Japan to a notable position among the countries which invest most in renewables technologies. While Chinese manufacturers’ are capturing the worldwide market, Japanese policies might arise as a salvation to those American and German companies struggling to survive. The catastrophe has left a sense of insecurity in the population that may let these manufacturers to compete the Chinese by offering high quality products and a wide range of services at higher prices than current utilities assume.

It is an opportunity they can’t overlook, and surely Barack Obama and Angela Merkel have already included this issue in their agendas.

More info about Japan opens solar energy parks on Yahoo News

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