METI drafts FY2025 renewable auction plan, looks to cut solar target amid growth in non-FIT/FIP development

January 20, 2025
Solar Panels
METI is proposing decreasing the solar auction target procurement volume compared to last year.

At its meeting on January 17, 2025, METI’s Procurement Price Calculation Committee, which oversees FIT/FIP pricing, released a draft of the FY2025 renewable auction plan including the schedule, target procurement volumes, and ceiling prices.

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