22nd Solar Auction (FY2024 No. 3, FIP)

Status: Future auction

Overview

Subsidy scheme:

FIP

Eligible assets:

Solar power plants with 250kW+ output

Contract period:

20 years

Price ceiling:

9.05 yen/kWh

Capacity sought:

93000kW

Results

Avg. awarded price:

8.17 yen/kWh

Succesful bids:

23

Capacity awarded:

56440.7kW

Capacity revoked:

0kW

Net capacity awarded:

56440.7kW

Share of capacity sought:

60.7%

Timeline

Business plan by:

October 15, 2024

1st deposit by:

November 18, 2024

Bid submission by:

November 19, 2024

Results announcement:

November 26, 2024

2nd deposit by:

December 10, 2024

Obtain certification by:

June 27, 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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