Japan's 19th solar auction concludes with average final price of $0.034/kWh

Japan has allocated 134 MW of PV capacity in its latest procurement exercise. The lowest bid for a 19 MW solar project came in at JPY 0. 00/kWh, surprisingly, while other bids ranged from JPY 4. 94 ($0. 03)/kWh to JPY 6. 98/kWh. Japan's Green Investment Promotion Organization has released the final results of its latest auction for utility-scale solar energy projects. The state-run agency said that 134 MW of PV projects were selected in the procurement exercise. It was Japan's nineteenth auction for utility-scale solar and was expected to assign 349. 3 MW of generating capacity. The 29 selected ...

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