Japan begins subsidy program for lithium-ion batteries

Posted on March 18, 2014 by Nanthakumar Victor Emmanuel, P.Eng Leave a comment

Japan’s Ministry of Economy, Trade and Industry (METI) has begun accepting applications from individuals and companies for a new subsidy program for stationary lithium-ion batteries.

The program will cover 2/3 of the cost of qualifying systems, up to USD 10,000 for individuals and USD 1 million for corporations. METI has dedicated a budget of USD 100 million to the program.