20th Solar Auction (FY2024 No. 1, FIP)

Status: Results announced

Overview

Subsidy scheme:

FIP

Eligible assets:

Solar power plants with 250kW+ output

Contract period:

20 years

Price ceiling:

9.2 yen/kWh

Capacity sought:

93000kW

Results

Avg. awarded price:

6.84 yen/kWh

Succesful bids:

47

Capacity awarded:

93000kW

Capacity revoked:

0kW

Net capacity awarded:

93000kW

Share of capacity sought:

100%

Timeline

Business plan by:

May 10, 2024

1st deposit by:

June 13, 2024

Bid submission by:

June 14, 2024

Results announcement:

June 21, 2024

2nd deposit by:

July 5, 2024

Obtain certification by:

January 21, 2025

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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