3rd Solar Auction (FY2018 H2)

Status: Results announced

Overview

Subsidy scheme:

FIT

Eligible assets:

Solar power plants with 2MW+ output

Contract period:

20 years

Price ceiling:

15.5 yen/kWh

* Price ceiling was not disclosed in advance.

Capacity sought:

196960kW

Results

Avg. awarded price:

15.17 yen/kWh

Succesful bids:

7

Capacity awarded:

196960kW

Capacity revoked:

1203kW

Net capacity awarded:

195757kW

Share of capacity sought:

99.4%

Timeline

Business plan by:

September 10, 2018

1st deposit by:

December 6, 2018

Bid submission by:

December 7, 2018

Results announcement:

December 18, 2018

2nd deposit by:

January 8, 2019

Obtain certification by:

March 29, 2019

Remarks

  • The nine losing bids ranged from 15.50 yen/kWh and 16.80 yen/kWh for projects between 3,960kW and 20,000kW

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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