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Central Electronics Tenders 30 MW Solar Project in Madhya Pradesh


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					</table><p>Japan’s Organization for Cross-regional Coordination of Transmission Operators (<a href="https://www.occto.or.jp/en/" target="_blank" rel="noopener">OCCTO</a>) has selected 29 bids for a total capacity of 89.2 MW in its auction to install 91 MW of solar projects under its 28<sup>th</sup> solar auction.</p>
<p><a href="https://mercomindia.s3.ap-south-1.amazonaws.com/wp-content/uploads/2026/07/OCCTOs-89.2-MW-Solar-Power-Projects-Under-FIP-Program-Auction-Result.png"><img loading="lazy" decoding="async" class="aligncenter wp-image-99097 size-full" src="https://mercomindia.s3.ap-south-1.amazonaws.com/wp-content/uploads/2026/07/OCCTOs-89.2-MW-Solar-Power-Projects-Under-FIP-Program-Auction-Result.png" alt="OCCTO's 89.2 MW Solar Power Projects Under FIP Program: Auction Result" width="584" height="435" srcset="https://mercomindia.s3.ap-south-1.amazonaws.com/wp-content/uploads/2026/07/OCCTOs-89.2-MW-Solar-Power-Projects-Under-FIP-Program-Auction-Result.png 584w, https://mercomindia.s3.ap-south-1.amazonaws.com/wp-content/uploads/2026/07/OCCTOs-89.2-MW-Solar-Power-Projects-Under-FIP-Program-Auction-Result-300x223.png 300w" sizes="auto, (max-width: 584px) 100vw, 584px" /></a></p>
<p>The auction was open to feed-in premium solar projects with a minimum capacity of 250 kW. The procurement target was set at 91 MW, with a ceiling tariff of ¥9.6 (~$0.06)/kWh.</p>
<p>A total of 36 project plans, representing 139.32 MW, were submitted for qualification review. Of these, 34 applicants with a combined capacity of 136.87 MW were found eligible to participate.</p>
<p>The auction received 33 bids totaling 135.37 MW, exceeding the offered capacity. The weighted average bid price was ¥7.62 (~$0.05)/kWh.</p>
<p>OCCTO initially awarded 91 MW of solar capacity across 30 bids. The winning tariffs ranged from ¥0 (~$0)/kWh to ¥7.89 (~$0.05)/kWh, with a weighted average tariff of ¥6.74 (~$0.04)/kWh.</p>
<p>KA Solar GK, which had secured the final-ranked award for a 1.76 MW project at ¥7.89/kWh, withdrew on June 30, 2026. Another bidder, AC12 GK, was subsequently selected as the replacement bidder for the same capacity at ¥9.37 (~$0.06)/kWh but also withdrew.</p>
<p>Following the withdrawals, OCCTO revised the results on July 9, reducing the final awarded capacity to 89.24 MW across 29 successful bids. The lowest and highest winning tariffs remained unchanged, while the weighted average tariff declined to ¥6.72 (~$0.04)/kWh.</p>
<p>This March, OCCTO <a href="https://www.mercomindia.com/japan-awards-79-mw-solar-capacity-at-average-price-of-0-029-kwh" target="_blank" rel="noopener">awarded</a> 79 MW of solar capacity in the 27<sup>th</sup> solar power auction, the fourth auction held in fiscal year 2025, with a weighted-average winning price of ¥4.61 (~$0.029)/kWh.</p>
<p>A total of 16 companies <a href="https://www.mercomindia.com/japan-awards-75-mw-of-solar-projects-to-27-companies-in-26th-auction" target="_blank" rel="noopener">won</a> OCCTO’s 26th solar power auction for projects of at least 250 kW, securing 75.4 MW out of the original auctioned capacity of 163 MW under the country’s Feed-in Premium program.</p>
<p>Subscribe to Mercom’s <a href="https://cms.mercomindia.com/madhya-pradesh-floats-epc-tender-for-30-mw-solar-power-projects/" target="_blank" rel="noopener">India Solar Tender Tracker</a> to stay on top of tender activity in real-time.</p>


Japan Awards 89 MW Solar Capacity at an Average Tariff of $0.04/kWh


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					</table><p>Japan’s Organization for Cross-regional Coordination of Transmission Operators (<a href="https://www.occto.or.jp/en/" target="_blank" rel="noopener">OCCTO</a>) has announced the results for the FY 2025 Long-Term Decarbonized Power Source Auction, selecting 28 winners, which included winners for 10 lithium-ion (Li-ion), nine for Li-ion, and two for pumped storage projects for a total energy storage capacity of 1.7 GW.</p>
<p>OCCTO awarded contracts for approximately 7.3 GW of future power capacity, including 4.26 GW of decarbonized energy sources. This included 551 MW of awarded capacity for Li-ion battery projects, 699 MW for non-Li-ion battery projects, and roughly 453 MW for pumped storage projects.</p>
<p>Battery Park 20 GK, <a href="https://chcbess.com/" target="_blank" rel="noopener">CHC Japan</a>, and CS Aomori Hachinohe ESS GK secured the three highest capacities for Li-ion battery projects. They won capacities of 114.01 MW, 112.35 MW, and 90.73 MW, respectively.</p>
<p>Battery Storage Station No. 3 GK, ZEUS GK, and Stonepeak Kingdom Holdings GK were the top three winners for non-Li-ion project capacities, securing 281.62 MW, 149.33 MW, and 141.51 MW, respectively.</p>
<p><a href="https://www.tepco.co.jp/en/rp/index-e.html" target="_blank" rel="noopener">TEPCO Renewable Power</a> and <a href="https://www.hepco.co.jp/english/" target="_blank" rel="noopener">Hokkaido Electric Power</a> secured capacities of 267.55 MW and 185.9 MW, respectively, for pumped storage projects.</p>
<p><a href="https://mercomindia.s3.ap-south-1.amazonaws.com/wp-content/uploads/2026/05/Japan-OCCTO.png"><img loading="lazy" decoding="async" class="aligncenter wp-image-94966 size-full" src="https://mercomindia.s3.ap-south-1.amazonaws.com/wp-content/uploads/2026/05/Japan-OCCTO.png" alt="OCCTO's 4.26 GW Long-term Decarbonized Power Projects: Auction Results" width="825" height="674" srcset="https://mercomindia.s3.ap-south-1.amazonaws.com/wp-content/uploads/2026/05/Japan-OCCTO.png 825w, https://mercomindia.s3.ap-south-1.amazonaws.com/wp-content/uploads/2026/05/Japan-OCCTO-300x245.png 300w, https://mercomindia.s3.ap-south-1.amazonaws.com/wp-content/uploads/2026/05/Japan-OCCTO-768x627.png 768w, https://mercomindia.s3.ap-south-1.amazonaws.com/wp-content/uploads/2026/05/Japan-OCCTO-650x531.png 650w, https://mercomindia.s3.ap-south-1.amazonaws.com/wp-content/uploads/2026/05/Japan-OCCTO-624x510.png 624w, https://mercomindia.s3.ap-south-1.amazonaws.com/wp-content/uploads/2026/05/Japan-OCCTO-600x490.png 600w" sizes="auto, (max-width: 825px) 100vw, 825px" /></a></p>
<p>This March, OCCTO <a href="https://www.mercomindia.com/japan-awards-79-mw-solar-capacity-at-average-price-of-0-029-kwh" target="_blank" rel="noopener">awarded</a> 79 MW of solar capacity in the 27th solar power auction, the fourth auction held in fiscal year 2025, with a weighted-average winning price of ¥4.61 (~$0.029)/kWh.</p>
<p>In December 2025, OCCTO <a href="https://www.mercomindia.com/japan-awards-75-mw-of-solar-projects-to-27-companies-in-26th-auction" target="_blank" rel="noopener">announced</a> Japan’s 26<sup>th</sup> solar power auction for projects of at least 250 kW, securing 75.4 MW from the original auctioned capacity of 163 MW.</p>
<p>In 2023, Japan <a href="https://www.mercomindia.com/japans-18th-solar-auction-yields-kwh" target="_blank" rel="noopener">announced</a> the results of the 18th utility-scale solar photovoltaic projects auction, allocating 105 MW to 33 successful bidders.</p>
<p>In the same year, OCCTO <a href="https://www.mercomindia.com/lowest-tariff-revealed-japans-69-mw-solar-auction" target="_blank" rel="noopener">concluded</a> the 17th auction for 69.07 MW of grid-connected solar power projects, announcing 55 successful bidders. The total bid capacity in the auction was 110.89 MW.</p>
<p>The global energy transition continued to <a href="https://www.mercomindia.com/global-renewable-capacity-hit-49-of-installed-power-in-2025" target="_blank" rel="noopener">accelerate</a> in 2025, with renewable energy accounting for 49% of total installed power capacity worldwide, according to a recent report by the International Renewable Energy Agency. Renewables accounted for 85.6% of all new power capacity additions during the year, underscoring their dominant role in electricity system expansion. A total of 692 GW capacity was added in 2025, representing a 15.5% year-over-year growth. This pushed total global renewable power capacity to approximately 5,149 GW by the end of the year.</p>


Japan Awards 1.2 GW of Battery Storage Capacity Under Decarbonization Program


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					</table><p>Japan&#8217;s Organization for Cross-regional Coordination of Transmission Operators (<a href="https://www.occto.or.jp/en/" target="_blank" rel="noopener">OCCTO</a>) has awarded 79 MW of solar capacity in the 27<sup>th</sup> solar power auction, the fourth auction held in fiscal year 2025, with a weighted-average winning price of ¥4.61 (~$0.029)/kWh.</p>
<p>The auction was conducted for Feed-in Premium (FIP) solar power generation facilities with a capacity of 250 kW or higher under Japan’s renewable energy support framework. The auction had set a price cap of ¥8.68 (~$0.055)/kWh.</p>
<p>Eleven projects were selected through the auction process. The lowest successful bid price was ¥0.00/kWh, while the highest was ¥6.49 (~$0.041)/kWh.</p>
<p>According to OCCTO, 38 business plans were submitted for eligibility review prior to the bidding process, representing a combined generation capacity of 198.08 MW</p>
<p>Out of these, 37 applicants were notified of their eligibility to participate in the auction, representing a total capacity of 196 MW. A total of 23 bids were eventually submitted, covering a combined capacity of 162 MW. The weighted average bid price submitted by participants was ¥6.49 (~$0.041)/kWh.</p>
<p>In December 2025, OCCTO <a href="https://www.mercomindia.com/japan-awards-75-mw-of-solar-projects-to-27-companies-in-26th-auction" target="_blank" rel="noopener">announced</a> Japan’s 26<sup>th</sup> solar power auction for projects of at least 250 kW, securing 75.4 MW from the original auctioned capacity of 163 MW.</p>
<p>The FIP program was introduced in 2022 to promote renewable energy by adding a premium to the market price of power generated from renewables.</p>
<p>Global solar installations <a href="https://www.mercomindia.com/global-solar-installations-hit-a-record-597-mw-in-2024-report" target="_blank" rel="noopener">hit</a> a record high of 597 GW in 2024, a 33% increase year-over-year from 2023, according SolarPower Europe. Japan accounted for 1% of the total installations during the year.</p>
<p>In 2023, the government of Japan <a href="https://www.mercomindia.com/japans-18th-solar-auction-yields-kwh" target="_blank" rel="noopener">announced</a> the results of the 18th utility-scale solar photovoltaic projects auction, allocating 105 MW to 33 successful bidders.</p>
<p>In the same year, OCCTO <a href="https://www.mercomindia.com/lowest-tariff-revealed-japans-69-mw-solar-auction" target="_blank" rel="noopener">concluded</a> the 17th auction for 69.07 MW of grid-connected solar power projects, announcing 55 successful bidders. The total bid capacity in the auction was 110.89 MW.</p>


Japan Awards 79 MW Solar Capacity at Average Price of $0.029/kWh

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