Japan’s Procurement Price Calculation Committee on Tuesday made proposals regarding the renewables purchase price for the next fiscal year and set a bidding limit of 1.5 GW for upcoming solar auctions through fiscal 2018/19.
The Japanese government is introducing tenders for 2-MW-plus solar plants, including a 500-MW auction next fiscal year and two more in fiscal 2018/19. The first one will have an upper bidding price limit of JPY 21.00 per kWh (USD 0.178/EUR 0.170), the Nikkei reported. The committee will decide on the bidding targets and prices for the next auctions once it examines the results of the pilot one.
As per the planned feed-in tariffs (FiTs), the chairman of the committee has suggested that the purchase price for residential solar systems with capacities of no more than 10 kW is set at JPY 28.00/kWh without the requirement to install output control equipment. With such equipment, the rate will be JPY 30.00/kWh.
FiTs of JPY 26.00/kWh and JPY 24.00/kWh for solar systems without the specific requirement were proposed for fiscal 2017/18 and 2018/19, respectively. For systems with output control equipment the price would be higher by JPY 2.00/kWh.
Non-residential solar arrays above 10 kW would receive JPY 21.00/kWh in fiscal 2017/18, as compared to JPY 24.00/kWh currently.
(JPY 100 = USD 0.846/EUR 0.810)
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