Japan to Cut the Cost of Solar 50% Creating Greater Self-sufficiency (site broke the link so I removed it, sigh, sites can’t even manage to avoid breaking 10 year old web usability guidelines, when will they learn?)
The incentive will decrease the cost of a solar photovoltaic system by an estimated 50% within 3 to 5 years. This initiative will make solar energy especially appealing because the cost of electricity in Japan is already over $.20 a kWh. This is roughly double the rate of electricity found in many areas of the US.
Germany is the largest solar market (due to government policy encouraging solar development).
Related: Large-Scale, Cheap Solar Electricity – Solar Energy: Economics, Government and Technology – Wind Power Potential to Produce 20% of Electricity Supply by 2030 – solar energy posts on the Curious Cat Science and Engineering blog