The Japanese government and private companies will join forces to promote large-scale production of the next generation of solar cells, perovskite solar cells. The Japanese government plans to provide about 100 billion yen in subsidies to Ricoh and Choshu Industries within four years, while easing related regulatory restrictions to promote the spread of perovskite solar cells. Japan has a competitive advantage in the field of raw materials and technology for this product, and now perovskite solar cells are about to enter large-scale mass production. Japan's Ministry of Economy, Trade and Industry will soon list the above two companies as support targets for subsidies related to green transformation. The government is expected to provide a total of about 100 billion yen in subsidies to the two companies by fiscal year 2029.

The Japanese government and private companies will join forces to promote large-scale production of the next generation of solar cells, perovskite solar cells. The Japanese government plans to provide about 100 billion yen in subsidies to Ricoh and Choshu Industries within four years, while easing related regulatory restrictions to promote the spread of perovskite solar cells. Japan has a competitive advantage in the field of raw materials and technology for this product, and now perovskite solar cells are about to enter large-scale mass production. Japan's Ministry of Economy, Trade and Industry will soon list the above two companies as support targets for subsidies related to green transformation. The government is expected to provide a total of about 100 billion yen in subsidies to the two companies by fiscal year 2029.