21st Solar Auction (FY2024 No. 2, FIP)

Status: Bidding closed, waiting for results

Overview

Subsidy scheme:

FIP

Eligible assets:

Solar power plants with 250kW+ output

Contract period:

20 years

Price ceiling:

9.13 yen/kWh

Capacity sought:

106992.7kW

Results

Avg. awarded price:

8.08 yen/kWh

Succesful bids:

22

Capacity awarded:

33671kW

Capacity revoked:

15331kW

Net capacity awarded:

18340kW

Share of capacity sought:

17.1%

Timeline

Business plan by:

July 12, 2024

1st deposit by:

August 15, 2024

Bid submission by:

August 16, 2024

Results announcement:

August 23, 2024

2nd deposit by:

September 6, 2024

Obtain certification by:

March 24, 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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