5th Solar Auction (FY2019 H2)
Status: Results announced
Overview
Subsidy scheme:
FIT
Eligible assets:
Solar power plants with 500kW+ output
Contract period:
20 years
Price ceiling:
13 yen/kWh
* Price ceiling was not disclosed in advance.
Capacity sought:
416191.8kW
Results
Avg. awarded price:
12.57 yen/kWh
Succesful bids:
27
Capacity awarded:
39820kW
Capacity revoked:
1940kW
Net capacity awarded:
37880kW
Share of capacity sought:
9.1%
Timeline
Business plan by:
September 9, 2019
1st deposit by:
December 5, 2019
Bid submission by:
December 6, 2019
Results announcement:
December 17, 2019
2nd deposit by:
September 17, 2019
Obtain certification by:
March 31, 2020
