Japan to back perovskite solar cell mass production with $640m in subsidies

Japan is preparing subsidies of about $640 million to support mass production of perovskite solar cells. The proposed program is intended to help establish manufacturing capacity, while cost, scale and durability remain challenges for commercial deployment.

• The article says the plan would direct approximately 100 billion yen to manufacturing facilities over the next four years.· 1 source
• Ricoh and Choshu Industry are expected to be selected for support and are expected to invest at least as much as the government subsidy.· 1 source
• Japan aims to install around 20 gigawatts of perovskite capacity by 2040, while the article notes that cost and durability remain challenges.· 1 source