Japan Renewable Alert 49: Arrangements For The Nullification Rule And Expansion Of The Scope Of The COD Deadline Rule Now Open For Public Comments - Energy and Natural Resources
1. METI's Measures for Nonoperating Projects Now Open for Public Comments On September 7, 2020, the Ministry of Economy, Trade and Industry (" METI") announced the draft outline of the amendments to regulations regarding the introduction of arrangements for the Nullification Rule (described below), to be effective on April 1, 2022 (the " Effective Date"), and other points (the " Draft seehere, available only in Japanese). The Nullification Rule, intended to invalidate a FIT/FIP approval if the project fails to commence operation within a certain period of time from the approval (the " Nullifi...
Source: mondaq.com