4th Solar Auction (FY2019 H1)
Status: Results announced
Overview
Subsidy scheme:
FIT
Eligible assets:
Solar power plants with 500kW+ output
Contract period:
20 years
Price ceiling:
14 yen/kWh
* Price ceiling was not disclosed in advance.
Capacity sought:
300000kW
Results
Avg. awarded price:
12.98 yen/kWh
Succesful bids:
63
Capacity awarded:
195885kW
Capacity revoked:
11442kW
Net capacity awarded:
184443kW
Share of capacity sought:
61.5%
Timeline
Business plan by:
May 31, 2019
1st deposit by:
August 22, 2019
Bid submission by:
August 23, 2019
Results announcement:
September 3, 2019
2nd deposit by:
September 17, 2019
Obtain certification by:
March 31, 2020
