Japan's 21th solar auction concludes with lowest bid of $0.035/kWh

Japan has allocated 33. 6 MW of PV capacity in its latest procurement exercise. The lowest bid for a 650 kW solar project came in at JPY 5. 0 ($0. 035)/kWh, while the average final price was JPY 8. 08/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 33. 6 MW of PV projects were selected in the procurement exercise. It was Japan's 21st auction for utility-scale solar and was expected to assign 107 MW of generating capacity. The 22 selected projects range in size from ...

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