10th Solar Auction (FY2021 No. 3, FIT)

Status: Results announced

Overview

Subsidy scheme:

FIT

Eligible assets:

Solar power plants with 250kW+ output

Contract period:

20 years

Price ceiling:

10.5 yen/kWh

Capacity sought:

242615.8kW

Results

Avg. awarded price:

10.31 yen/kWh

Succesful bids:

82

Capacity awarded:

242807.5kW

Capacity revoked:

47978.4kW

Net capacity awarded:

194829.1kW

Share of capacity sought:

80.3%

Timeline

Business plan by:

October 15, 2021

1st deposit by:

November 18, 2021

Bid submission by:

November 19, 2021

Results announcement:

November 26, 2021

2nd deposit by:

December 10, 2021

Obtain certification by:

June 27, 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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