The Ministry of Economic Affairs (MOEA) has recently completed reviews of Feed-in Tariffs (FIT) for renewable energy.
The FITs for PV increase by approximately 1.29%. In order to encourage the use of high-efficiency PV modules, a 6% markup will be given to keep the rates in line with those in 2016.
In terms of small-scale onshore wind energy and offshore wind power, the FITs are increased by 5.22% and 1.00%, respectively. .
Source: Bureau of Energy