Deals Counterparts

Japan's 27th utility-scale solar auction allocates 79 MW of PV capacity

Development Solar tender Japan Mar 9, 2026
79 MW
Capacity
development
Stage

Japan's Green Investment Promotion Organization's 27th solar auction allocated 79 MW across 11 projects. Bids for projects, ranging from 72 kW to.

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Deal Analysis

Japan's 27th utility-scale solar auction, announced on March 9, 2026, allocated 79 MW of PV capacity across 11 distinct projects, signaling a consistent national strategy for renewable energy deployment. This tender process, managed by Japan's Green Investment Promotion Organization, facilitates the ongoing expansion of solar infrastructure within the country. The allocation of 79 MW across 11 projects, averaging approximately 7.2 MW per project, suggests a strategic emphasis on mid-scale utility or distributed solar developments across Japan. While the specific value of these development rights remains undisclosed, the repeated auction mechanism provides a structured approach for securing future PV generation capacity, enabling successful bidders to advance PV projects in various Japanese locations. Japan's Green Investment Promotion Organization, operating as the New Energy and Industrial Technology Development Organization (NEDO), is central to Japan's energy transition strategy. Established in 1978 under METI, NEDO functions as a national R&D and funding agency, managing the substantial 2 trillion JPY Green Innovation Fund. This 27th solar auction directly advances NEDO's mandate to deploy capital from the Green Innovation Fund for domestic PV development. By consistently tendering utility-scale solar capacity, NEDO contributes to Japan's national goals for decarbonization and energy independence. The allocation of 79 MW on March 9, 2026, further builds upon the agency's long-standing track record in promoting new energy technologies and industrial development across Japan.
  • Japan's 27th utility-scale solar auction.
  • 79 MW of PV capacity allocated across 11 projects.
  • Average project capacity of approximately 7.2 MW.
  • Japan's Green Investment Promotion Organization (NEDO) manages a 2 trillion JPY Green Innovation Fund.
  • Tender announced on March 9, 2026.

Source Intelligence

KEY DETAILS

Japan's 27th auction for utility-scale solar was expected to assign 196MW of generating capacity. The 11 selected projects range in size from 72 kW to 29.9 MW. The lowest bid was JPY 0.0/kWh and was submitted for one project with a capacity of 400 kW. The highest bid of JPY 6.49 ($0.041)/kWh was submitted for two projects. The average final price came in at JPY 4.61/kWh, with the ceiling price being JPY 8.68/kWh. Quote: "It was Japan's 27th auction for utility-scale solar and was expected to assign 196MW of generating capacity. The 11 selected projects range in size from 72 kW to 29.9 MW. The lowest bid was JPY 0.0/kWh and was submitted for one project with a capacity of 400 kW. This facility had likely secured a private power purchase agreement for the sale of electricity and participated in the auction to secure grid connection. The highest bid of JPY 6.49 ($0.041)/kWh was submitted for two projects. The average final price came in at JPY 4.61/kWh, with the ceiling price being JPY 8.68/kWh."

Capacity
Japan has allocated 79 MW of PV capacity in its latest procurement exercise.
Location
Japan has allocated 79 MW of PV capacity in its latest procurement exercise.
Announcement
March 9, 2026
PARTIES MENTIONED IN SOURCE
J
Japan's Green Investment Promotion Organization developer

"Japan's Green Investment Promotion Organization has released the final results of its latest auction for utility-scale solar energy projects."

medium quality Enriched Mar 10, 2026

Timeline

Announced
Mar 9, 2026
Signed
Closed

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