8th Solar Auction (FY2021 No. 1, FIT)

Status: Results announced

Overview

Subsidy scheme:

FIT

Eligible assets:

Solar power plants with 250kW+ output

Contract period:

20 years

Price ceiling:

11 yen/kWh

Capacity sought:

208000kW

Results

Avg. awarded price:

10.82 yen/kWh

Succesful bids:

137

Capacity awarded:

208477.6kW

Capacity revoked:

6805.2kW

Net capacity awarded:

201672.4kW

Share of capacity sought:

97%

Timeline

Business plan by:

May 7, 2021

1st deposit by:

June 10, 2021

Bid submission by:

June 11, 2021

Results announcement:

June 18, 2021

2nd deposit by:

July 2, 2021

Obtain certification by:

January 18, 2022

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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