16th Solar Auction (FY2023 No. 1, FIT and FIP)
Status: Results announced
Overview
Subsidy scheme:
FIT/FIP
Eligible assets:
Solar power plants with 250-499.9kW output (FIT) and 500kW+ output (FIP)
Contract period:
20 years
Price ceiling:
9.5 yen/kWh
Capacity sought:
105000kW
Results
Avg. awarded price:
9.34 yen/kWh
Succesful bids:
20
Capacity awarded:
105000kW
Capacity revoked:
0kW
Net capacity awarded:
105000kW
Share of capacity sought:
100%
Timeline
Business plan by:
May 12, 2023
1st deposit by:
June 15, 2023
Bid submission by:
June 16, 2023
Results announcement:
June 23, 2023
2nd deposit by:
July 7, 2023
Obtain certification by:
January 23, 2024
