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

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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