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Home / Japan awards 89.2 MW in oversubscribed 28th solar FIP auction
Back·July 16, 2026·TaiyangNews
Read at TaiyangNews

Japan awards 89.2 MW in oversubscribed 28th solar FIP auction

SolarNews Brief

Japan has selected 29 utility-scale solar projects totaling 89.2 MW in its 28th solar FIP auction. The round attracted 135.4 MW of bids against 91 MW offered, prompting OCCTO to raise the next auction volume.

TaiyangNews reports that Japan’s Green Investment Promotion Organization selected 29 projects of 250 kW or larger, with winning project sizes ranging from 350 kW to 29.5 MW. The weighted average winning bid was JPY 6.72/kWh, with the highest winning bid below the JPY 9.60/kWh ceiling. The oversubscription matters because Japan is approaching the end of FIT/FIP support for this commercial solar category after fiscal 2026, making auction momentum an important market signal.

Read the full story at TaiyangNews

Source: TaiyangNews. Solar News summarizes; the complete story is on the publisher's site.

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