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ECONOMY > Energy

METI to disclose ceiling bid price for solar power trading from FY2021

  • March 4, 2021
  • , Nikkei , p. 5
  • JMH Translation

The Ministry of Economy, Trade and Industry (METI) will disclose a ceiling bid price for the feed-in-tariff program for solar power starting from fiscal 2021. METI decided to set a reference price, thinking that this would make it easier for businesses to tender bids and make investments and it would stimulate bidding and promote solar power generation. Competitive bidding will be held four times a year, up from the current two. (Abridged)

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