13th Solar Auction (FY2022 No. 2, FIT)

Status: Results announced

Overview

Subsidy scheme:

FIT

Eligible assets:

Solar power plants with 250-999.9kW output

Contract period:

20 years

Price ceiling:

9.88 yen/kWh

Capacity sought:

50000kW

Results

Avg. awarded price:

9.79 yen/kWh

Succesful bids:

18

Capacity awarded:

11862.5kW

Capacity revoked:

0kW

Net capacity awarded:

11862.5kW

Share of capacity sought:

23.7%

Timeline

Business plan by:

July 15, 2022

1st deposit by:

August 18, 2022

Bid submission by:

August 19, 2022

Results announcement:

August 26, 2022

2nd deposit by:

September 9, 2022

Obtain certification by:

March 27, 2023

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