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
