12th Solar Auction (FY2022 No. 1, FIT)

Status: Results announced

Overview

Subsidy scheme:

FIT

Eligible assets:

Solar power plants with 250-999.9kW output

Contract period:

20 years

Price ceiling:

10 yen/kWh

Capacity sought:

50000kW

Results

Avg. awarded price:

9.93 yen/kWh

Succesful bids:

39

Capacity awarded:

24764.7kW

Capacity revoked:

0kW

Net capacity awarded:

24764.7kW

Share of capacity sought:

49.5%

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

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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