15th Solar Auction (FY2022 No. 4, FIP)

Status: Results announced

Overview

Subsidy scheme:

FIP

Eligible assets:

Solar power plants with 1MW+ output

Contract period:

20 years

Price ceiling:

9.63 yen/kWh

Capacity sought:

175000kW

Results

Avg. awarded price:

9.56 yen/kWh

Succesful bids:

9

Capacity awarded:

16204.5kW

Capacity revoked:

1250kW

Net capacity awarded:

14954.5kW

Share of capacity sought:

8.5%

Timeline

Business plan by:

January 27, 2023

1st deposit by:

March 2, 2023

Bid submission by:

March 3, 2023

Results announcement:

March 10, 2023

2nd deposit by:

March 24, 2023

Obtain certification by:

October 10, 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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