Japan has awarded almost 300 MW new solar capacity in an auction for installations of more than 2 MW each . The tender , Japan 's second , attracted higher bids for less capacity than the government had wanted . Winning bids ranged from 5000 ( $ 5000 ) per kWh to 1200 / kWh . The Ministry of Economy , Trade and Industry ( METI ) said it was disappointed the lowest bid was above its ceiling price of JPY15.50 / kWh . METI offered 15 developers the opportunity to bid on up to 334 MW solar , but only nine companies submitted firm bids . METI did not submit any of the bidders .
Japan has awarded almost 197 MW new solar capacity in an auction for installations of more than 2 MW each. The tender, Japan's second, attracted higher bids for less capacity than the government had wanted. Winning bids ranged from JPY16.47 ($0.147) per kWh to JPY17.2/kWh. The Ministry of Economy, Trade and Industry (METI) said it was disappointed the lowest bid was above its ceiling price of JPY15.50/kWh. METI offered 15 developers the chance to bid on up to 334 MW solar, but only nine companies submitted firm bids. METI did not name any of the bidders.