[Solar: Japan allocates 89.2MW in 28th utility-scale PV auction]

Published: Jul 16, 2026 21:27

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Japan’s Green Investment Promotion Organization has released the final results of its 28th utility-scale solar auction, selecting 29 projects with a combined capacity of 89.2MW, slightly below the planned 91MW. The selected projects range from 350kW to 29.5MW. The lowest bid was JPY 0/kWh, submitted for eight projects between 400kW and 2MW, likely reflecting projects that had secured private PPAs and participated in the auction mainly to obtain grid connection. The highest bid was JPY 7.89/kWh, while the average final price came in at JPY 6.74/kWh, below the JPY 9.60/kWh ceiling.

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