9th Solar Auction (FY2021 No. 2, FIT)

Status: Results announced

Overview

Subsidy scheme:

FIT

Eligible assets:

Solar power plants with 250kW+ output

Contract period:

20 years

Price ceiling:

10.75 yen/kWh

Capacity sought:

224335.7kW

Results

Avg. awarded price:

10.61 yen/kWh

Succesful bids:

208

Capacity awarded:

233817.7kW

Capacity revoked:

45072.8kW

Net capacity awarded:

188744.9kW

Share of capacity sought:

84.1%

Timeline

Business plan by:

July 16, 2021

1st deposit by:

August 19, 2021

Bid submission by:

August 20, 2021

Results announcement:

August 27, 2021

2nd deposit by:

September 10, 2021

Obtain certification by:

March 28, 2022

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