Japanese Government to fund perovskite solar cell demonstration project
It was reported that Japan's Ministry of Economy, Trade and Industry (METI) and the New Energy and Industrial Technology Development Organization (NEDO) have decided to support a demonstration project for perovskite solar cells conducted by Sekisui Chemical and Tokyo Electric Power Company Holdings (HD).
The total project cost is estimated at about 18.3 billion yen ( just under USD$119,000,000), with approximately 12.5 billion yen (around USD$81 million) to be subsidized through the Green Innovation (GI) Fund project. The project will verify installation methods, construction methods, and mass production technologies that take advantage of the unique characteristics of perovskite solar cells.