11th Solar Auction (FY2021 No. 4, FIT)

Status: Results announced

Overview

Subsidy scheme:

FIT

Eligible assets:

Solar power plants with 250kW+ output

Contract period:

20 years

Price ceiling:

10.25 yen/kWh

Capacity sought:

278594.6kW

Results

Avg. awarded price:

9.99 yen/kWh

Succesful bids:

273

Capacity awarded:

268709.9kW

Capacity revoked:

16797.3kW

Net capacity awarded:

251912.6kW

Share of capacity sought:

90.4%

Timeline

Business plan by:

January 21, 2022

1st deposit by:

February 24, 2022

Bid submission by:

February 25, 2022

Results announcement:

March 4, 2022

2nd deposit by:

March 18, 2022

Obtain certification by:

October 4, 2022

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