197 GW of solar capacity should be added to the Fitch grid by 2020 , as the last schemes under the country's feed-in-tariff ( FIT ) programme are deployed, according to Fitch Solutions Macro Research , part of Fitch Solutions Macro Research . It predicted a decline in the sector September , thanks to the switch from FIT to auctions, grid-constraints and a shortage of land in U.S. . In the country's most recent solar auction in September , 197 MW was allocated, while authorities expressed their disappointment that the lowest bid was still JPY0.97 ($0.009)/kWh higher than its ceiling price of JPY15.5/kWh.
An additional 17 GW of solar capacity should be added to the Japanese grid by 2020, as the last schemes under the country's feed-in-tariff (FIT) programme are deployed, according to Fitch Solutions Macro Research, part of the Fitch Group. It predicted a decline in the sector between 2021 and 2027, thanks to the switch from FIT to auctions, grid-constraints and a shortage of land in Japan. In the country's most recent solar auction in September, 197 MW was allocated, while authorities expressed their disappointment that the lowest bid was still JPY0.97 ($0.009)/kWh higher than its ceiling price of JPY15.5/kWh.