Most Asia-Pacific Countries Use Feed-in Tariffs to Incentivize Renewable Energy Investment, says GlobalData
The use of Feed-in Tariffs (FiTs) continues to be a popular form of incentive utilized to promote renewable power installations in Asia-Pacific (APAC) countries, according to research and consulting firm GlobalData.
The company’s latest report states that apart from Malaysia, New Zealand, South Korea and Singapore, all other countries covered in the region have FiTs for one or more renewable technologies. At the same time, net-metering, which is a recent and more advanced incentive, is popular in Japan and is gaining ground in India with a few states having introduced the same for rooftop solar installations. ….