Power Plant Development Decisions in Light of Declining FIT Purchase Prices
First written in FY2017-Q4. 2 of 4 entries say "Worsened", first in FY2017. Latest entry: FY2019.
Renova moved to the "Worse" side of this theme in 2019, the same year as the typical company in this theme.
The whole theme swung hardest in 2025: 4 of 13 companies on the "Worse" side.
1 other company's latest entry also says "Worsened".
- FY2019WorsenedAnnual report
「Solar power 2,000kW or more Auction system – (Undecided) 20 years」
FIT purchase prices for large-scale solar projects are to be determined through an auction system, with prices for fiscal 2019 and fiscal 2020 listed as undecided, indicating that price uncertainty for new projects remains and has become more specific. - FY2018-Q4RestatedAnnual report
「For the selection and development of new power plants, more cautious analysis and decision-making are required in anticipation of future declines in FIT purchase prices for new entrants.」
The document reiterates the need for careful project selection and development decisions in anticipation of declines in FIT purchase prices for new entrants. - FY2017WorsenedAnnual report
「Solar power 2,000kW or more ¥24 Transition to an auction system」
In addition to lower FIT purchase prices, the transition to an auction system for large-scale solar projects from fiscal 2017 onward is explicitly stated, clarifying the price and regulatory uncertainty surrounding new projects. - FY2017-Q4First statedAnnual report
「For the selection and development of new power plants, more cautious analysis and decision-making are required in anticipation of future declines in FIT purchase prices for new entrants.」
The future decline in FIT purchase prices for new entrants is treated as a risk, requiring careful analysis and decision-making in project selection and development.