1st Solar Auction (FY2017)

Status: Results announced

Overview

Subsidy scheme:

FIT

Eligible assets:

Solar power plants with 2MW+ output

Contract period:

20 years

Price ceiling:

21 yen/kWh

Capacity sought:

500000kW

Results

Avg. awarded price:

19.64 yen/kWh

Succesful bids:

9

Capacity awarded:

141366kW

Capacity revoked:

100506kW

Net capacity awarded:

40860kW

Share of capacity sought:

8.2%

Timeline

Business plan by:

September 15, 2017

1st deposit by:

November 9, 2017

Bid submission by:

November 10, 2017

Results announcement:

November 21, 2017

2nd deposit by:

December 5, 2017

Obtain certification by:

March 5, 2018

Japan Energy Hub Free members can see more details about each renewable energy auction as well as parts of our other modules.

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