Renova to study feasibility of 560MW Yurihonjo Offshore Wind project
Renova, a Japanese renewable energy developer, is to carry out a feasibility study on a 560 MW offshore wind farm off the city of Yurihonjo in Akita Prefecture in the northern Tohoku region of Japan.
Renova jointly with Eco Power, and JR East Energy Development are carrying out an Environmental Impact Assessment as well as site surveys of the wind farm from 2017 to 2020.
The construction phase is expected to commence in 2021, with the commissioning of the wind farm scheduled for 2026. The Yurihonjo offshore wind farm is more than twice the size of the recently awarded 229 MW Hibikinada nearshore wind farm, making it the largest wind farm of its kind in Japan.
The country aims to increase the ratio of renewables in its energy mix to between 22–24% by 2030.
After changes to the Port and Harbour Law last year, the country’s offshore wind industry is expected to take off. This fact enabled the government of Kitakyushu city to award the contract for the construction of the Hibikinada nearshore wind farm to a consortium comprising Kyuden Mirai Energy, Kyuden Corporation (Kyushu Electric Power), Hokutaku Renewable Energy Service, J-Power, and SAIBUGAS.
Country news
-
-
February 23, 2017
First Solar Secures loan for 59.5 MW solar project in Ishikawa, Japan
First Solar, Inc. has announced that it has obtained non-recourse project debt financing of approximately JPY27 billion (US$240 million) in a syndicated loan arranged by Mizuho Bank Ltd. for a utility-scale solar project in Ishikawa prefecture, Japan.
Read more -
February 17, 2017
Kyushu Electric Power to develop Japan’s biggest offshore wind farm
The consortium led by the Japan-based utility Kyuden Mirai, has been selected to undertake the development of Japan's largest offshore wind project to date. The project, which holds a total budget of JPY175 billion (US$1.54 billion) is expected to add 229 MW of wind generation to the current wind power portfolio.
Read more -
February 15, 2017
Sonnedix announces partnering with GSSG Solar for 170 MW expansion in Japan
Sonnedix, through its Japanese operator Nippon Solar Services (NSS), has partnered with GSSG Solar to deploy a 170MW portfolio of Solar PV plants, with 47MW under construction, and the rest currently under development.
Read more -
January 11, 2017
33 MW Ohorayama wind project achieves financial close
Pattern Energy Group LP and Green Power Investment Corporation have announced the completion of financing of the 33 MW Green Power Otsuki GK power project. Pattern Development and GPI are joint venture partners on the project, which is located in Kochi Prefecture, Japan.
Read more -
December 22, 2016
Aquila Capital expands its PV portfolio with new investment in Japan
Aquila Capital has made an investment in the three-digit million euro range in a photovoltaic park in Tomakomai, Hokkaido in the north of Japan on behalf of institutional investors.
Read more
