SUN REAL Renewable Energy Systems

Big Changes in the PV world?

It was recently reported in an American alternative technology journal that the Japanese government has decided to wholeheartedly support photovoltaics and now offers 50% subsidies. Japan expects to buy an amount of photovoltaic material in 1997 equal to the entire world's production during 1996. They're also projecting to multiply this figure times 5 for 1998. In the long term, this should mean lower prices but in the short term (until manufacturers build up their capacity) we may see price increases and limited availability.