News On Japan

Solar Power's Second Boom

TOKYO, Jul 16 (News On Japan) - The surge in electricity costs has reignited interest in solar power, with some households reducing their monthly electricity bills to as low as 600 yen by using solar panels and battery storage.

For example, Nariya Miyake from Chiba Prefecture keeps his air conditioning on 24/7 and still maintains a low electricity bill thanks to this combination.

Solar power is experiencing a 'second boom,' driven by high electricity costs and the use of the generated power rather than selling it. This trend is supported by increased quote requests for solar installations and government subsidies, particularly in Tokyo.

Source: ANN

News On Japan
POPULAR NEWS

Typhoon Shanshan is expected to approach western parts of Japan and the Amami region in the south from Tuesday onwards. The storm will possibly bring fierce winds there as well as heavy rain in wide areas along the Pacific. (NHK)

Taro Kono, the Digital Minister, held a press conference at the National Diet Building on Monday, officially announcing his candidacy for the Liberal Democratic Party (LDP) leadership election for the third time.

A private small rocket named 'Kairos,' which exploded five seconds after takeoff during its March launch, is now set to make another attempt in December from a site in Kushimoto Town, Wakayama Prefecture.

During the Pacific War, families were torn apart, leaving many Japanese behind in the Philippines who remain 'stateless' to this day.

A total of 109 people have reported symptoms of vomiting and diarrhea after playing in rivers in Kumamoto Prefecture, prompting the governor to issue an unusual call for residents to avoid these areas.

MEDIA CHANNELS
         

MORE Business NEWS

Duty-free sales at department stores in Japan have already surpassed last year's total by July, driven by strong demand for luxury goods.

Rice shortages have persisted across Japan, raising concerns about the future of the industry. Although the Ministry of Agriculture, Forestry, and Fisheries maintains that the balance between supply and demand is being preserved, doubts remain over whether sufficient stock is truly available.

There were plenty of reasons for the global market selloff on Aug. 5, including premature worries of a US slowdown and fears of an artificial intelligence bubble. But one of the main culprits was the unwinding of a popular yen-centered carry trade. (Bloomberg)

A Ferrari, seized from a tax delinquent, has been listed in an online auction of assets by the Tokyo Regional Taxation Bureau.

Drugstores are rapidly expanding across Japan, with the market size reaching over 8.3 trillion yen ($57 billion) in 2023. Introduced to Japan in the 1970s, drugstores initially focused on selling medicine and daily necessities. However, many stores now offer a wide range of products, intensifying competition among companies leveraging their unique strengths.

Japan's Fair Trade Commission has issued a warning to major food manufacturer Nissin Foods for allegedly pressuring retailers nationwide to raise the selling price of its cup noodles, a potential violation of the Antimonopoly Act.

The Ministry of Internal Affairs and Communications announced that Japan’s nationwide Consumer Price Index (CPI) for July, excluding fresh food due to its price volatility, increased by 2.7% compared to the same month last year.

The Tokyo District Court has ruled against Nippon Paper Crecia, rejecting its claim of patent infringement by Daio Paper in a lawsuit over a specific type of toilet paper technology. Nippon Paper Crecia, known for its 'Scottie' brand, had filed the lawsuit against Daio Paper, the company behind the 'Elleair' brand, seeking to halt the production of certain products.