2nd Onshore Wind Auction (FY2022, FIT)

Status: Results announced

Overview

Subsidy scheme:

FIT

Eligible assets:

Onshore wind power plants

Contract period:

20 years

Price ceiling:

16 yen/kWh

Capacity sought:

1300000kW

Results

Avg. awarded price:

15.6 yen/kWh

Succesful bids:

30

Capacity awarded:

1289803.9kW

Capacity revoked:

43000kW

Net capacity awarded:

1246803.9kW

Share of capacity sought:

95.9%

Timeline

Business plan by:

September 22, 2022

1st deposit by:

October 27, 2022

Bid submission by:

October 28, 2022

Results announcement:

November 4, 2022

2nd deposit by:

November 18, 2022

Obtain certification by:

June 6, 2023

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