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
