14th Solar Auction (FY2022 No. 3, FIP)

Status: Results announced

Overview

Subsidy scheme:

FIP

Eligible assets:

Solar power plants with 1MW+ output

Contract period:

20 years

Price ceiling:

9.75 yen/kWh

Capacity sought:

175000kW

Results

Avg. awarded price:

9.73 yen/kWh

Succesful bids:

11

Capacity awarded:

137206.9kW

Capacity revoked:

1000kW

Net capacity awarded:

136206.9kW

Share of capacity sought:

77.8%

Timeline

Business plan by:

October 14, 2022

1st deposit by:

November 17, 2022

Bid submission by:

November 18, 2022

Results announcement:

November 25, 2022

2nd deposit by:

December 9, 2022

Obtain certification by:

June 26, 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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