The Japanese government has decided to relax the conditions for cutting solar power subsidies for projects that have not started operations following opposition from power producers and other firms. The Ministry of Economy, Trade and Industry (METI) in October had proposed that companies granted permits for solar projects between the fiscal years of 2012 and 2014 under the so-called Feed-In-Tariffs (FIT) system that guarantees minimum power prices submit applications by March 2019 to connect to the grid. But the proposals had angered power producers and investors who say the cuts will undermine their profitability ... (full story)