19th Solar Auction (FY2023 No. 4, 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:
9.28 yen/kWh
Capacity sought:
134102kW
Results
Avg. awarded price:
5.11 yen/kWh
Succesful bids:
29
Capacity awarded:
134101.8kW
Capacity revoked:
0kW
Net capacity awarded:
134101.8kW
Share of capacity sought:
100%
Timeline
Business plan by:
January 26, 2024
1st deposit by:
February 29, 2024
Bid submission by:
March 1, 2024
Results announcement:
March 8, 2024
2nd deposit by:
March 22, 2024
Obtain certification by:
October 8, 2024
