The company was awarded 30 MWac across two projects in Hokkaido: Minetomari and Kushiro Niino with winning prices of JPY 5.12/kWh and JPY 4.67/kWh, respectively.
Overall, X-ELIO secured close to 38 percent of the 79 MW award in the auction round, reinforcing X-ELIO’s footprint in Hokkaido, where it is advancing solar assets aimed at increasing Japan’s renewable generation capacity and supporting the country’s long-term decarbonisation goals.
The Minetomari project, located in Ishikari, Hokkaido, will have an installed capacity of 15 MWp and an estimated annual production of 16,848 MWh. Currently under construction, the project is scheduled to reach operation by Q3 2027. The project secured 10 MWac in the auction.
The Kushiro Niino, located in Kushiro, Hokkaido, will have an installed capacity of 27 MWp and an estimated annual production of 36,147 MWh. The project is also under construction and is expected to begin operations by the end of 2027. In this auction round, it was awarded 20 MWac.
This outcome reinforces the company’s strong position in the Japanese market and highlights its ability to develop competitive renewable energy projects in strategic markets.
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