12th Solar Auction (FY2022 No. 1, FIP)
Status: Results announced
Overview
Subsidy scheme:
FIP
Eligible assets:
Solar power plants with 1MW+ output
Contract period:
20 years
Price ceiling:
10 yen/kWh
Capacity sought:
175000kW
Results
Avg. awarded price:
9.87 yen/kWh
Succesful bids:
5
Capacity awarded:
128940kW
Capacity revoked:
0kW
Net capacity awarded:
128940kW
Share of capacity sought:
73.7%
Timeline
Business plan by:
May 6, 2022
1st deposit by:
June 9, 2022
Bid submission by:
June 10, 2022
Results announcement:
June 17, 2022
2nd deposit by:
July 1, 2022
Obtain certification by:
January 18, 2023
