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Technology Stocks : American Superconductor (AMSC)
AMSC 35.70-2.3%1:17 PM EST

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From: David C. Burns8/27/2011 4:10:53 AM
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Japan Approves National Feed-in Tariff

Japan positioned itself as the next large growth market for renewable energy Friday as the upper chamber of parliament approved legislation that will create a national feed-in tariff.

The new law is expected to bolster solar, wind and geothermal projects by mandating that utilities buy power from renewable sources at above-market rates. The law will go into effect next year, but details about the pricing structure have yet to be determined.

renewableenergyworld.com
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