17th Solar Auction (FY2023 No. 2, 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:
9.43 yen/kWh
Capacity sought:
110887.9kW
Results
Avg. awarded price:
9.3 yen/kWh
Succesful bids:
55
Capacity awarded:
69074.2kW
Capacity revoked:
0kW
Net capacity awarded:
69074.2kW
Share of capacity sought:
62.3%
Timeline
Business plan by:
July 14, 2023
1st deposit by:
August 17, 2023
Bid submission by:
August 18, 2023
Results announcement:
August 25, 2023
2nd deposit by:
September 8, 2023
Obtain certification by:
March 25, 2024
