Canadian Solar signs agreement in Japan for 47 MW solar plant
Canadian Solar Inc. announced yesterday that it signed an agreement with Mashiki Town and Kumamoto Prefecture to build a 47.0 MWp solar power plant. Once completed, the Mashiki solar power plant will be the largest solar plant in Kumamoto Prefecture.
The Mashiki plant is expected to start commercial operation in the first quarter of 2017. Powered by Canadian Solar modules, the plant is expected to generate approximately 57,000MWh of clean, solar electricity per year, which will be purchased by Kyushu Electric Power Co., Inc. under a 20 year feed-in-tariff contract at the rate of JPY36.0 ($0.30) per kWh.
Dr. Shawn Qu, Chairman and Chief Executive Officer of Canadian Solar Inc., said:
"We are very pleased to announce this agreement with Mashiki Town and Kumamoto Prefecture. The Mashiki solar project is our largest Japanese project to start construction, and represents an important milestone as we continue to make progress developing our high-value solar project pipeline in this important market."
Country news
-
-
October 13, 2015
Japan’s 115 MW solar plant connected to the grid
Japan’s Eurus Energy Holdings Corp has announced the beginning of commercial operations of its 115-MW solar farm on Japan’s Honshu island. Read more -
October 09, 2015
Japan's SB Energy Corporation to build 14MW solar PV farm in Japan
Japanese renewable energy firm SB Energy Corporation said last week it will install a 13.9 MW photovoltaic (PV) solar power plant in the city of Nasushiobara, in the Tochigi Prefecture of Japan. Read more -
October 06, 2015
Sumitomo Corporation announces 50MW biomass project
Sumitomo Corporation will construct a 50 MW wood biomass power plant in Sakata City, Yamagata Prefecture (Japan) through Summit Energy Corporation, a power producer and supplier wholly owned by Sumitomo Corporation. Read more -
October 02, 2015
First Solar gets loan facility to finance solar PV projects in Japan
Mizuho Bank has extended a low interest construction loan facility of up to US$33 Million in Japan to First Solar Japan GK to develop utility-scale solar power plants. Read more -
June 11, 2014
GE Energy Financial Services invests in Japan's renewable energy market
GE Energy Financial Services, a unit of GE, has invested in Kumenan, a 32MW solar photovoltaic power project in Japan, which is being developed by Pacifico Energy. Read more
