Fuyo Lease switches on 14 MW PV plant in Miyagi

Subscribe to our newsletter and get the latest news and business opportunities in your inbox

Crystal Clear Energy LLC, a joint venture between Fuyo General Lease Co., Ltd. and Sharp Energy Solutions Corporation, began commercial operation on September 28, 2018, of a solar power plant in the town of Shichikashuku, Katta-gun, Miyagi Prefecture. This project is the first solar power generation business in Miyagi Prefecture to make use of the Act on Promoting Generation of Electricity from Renewable Energy Sources Harmonized with Sound Development of Agriculture, Forestry and Fisheries. A portion of the revenue generated from the sale of electricity will be donated to the town of Shichikashuku, where it will go toward the development of local agriculture and forestry operations. Some of the capital for this project will be raised through Green Bonds, scheduled for issuance in November 2018.

The now-operational solar power plant has an installed capacity of approximately 13.9 MWdc, with estimated annual power generation of approximately 13 million kWh. In terms of the annual power consumption of a typical household, this is equivalent to roughly 3,600 households. 

List of the country updates

Country updates

  • October 24, 2018

    SPI Energy connects to grid 2.4-MW PV plant in Japan

    SPI Energy Co., Ltd. (SPI Energy), a global provider of renewable energy solutions and crypto-miner hosting services for residential, commercial and utility customers, announced that its wholly owned...

    Read more
  • October 23, 2018

    Fuyo General Lease starts construction of 60 MW solar project in Fukushima

    Namie Sakai Solar, LLC, a consolidated subsidiary of Fuyo General Lease Co., Ltd., has begun construction of a large-scale solar power plant in the town of Namie, located in Fukushima prefecture. This...

    Read more
  • October 23, 2018

    juwi and Trina Solar to partner as EPC for 28.8 MW solar project in Japan

    juwi Shizen Energy Inc. and Trina Solar Japan Energy Co., Ltd, a wholly owned subsidiary of Trina Solar Limited have received an order from Banpu Power Public Company Limited, a wholly owned subsidiar...

    Read more
  • October 18, 2018

    NTT celebrates completion of 14 MW solar project in Fukushima

    NTT Facilities has announced that it has held a completion ceremony for the 14.25 MW Minami Soma Kawabo solar power plant, located in Fukushima Prefecture, Japan. NTT developed the proj...

    Read more
  • October 10, 2018

    Geonext Corporation completes acquisition of Hirono and Koyu solar projects in Japan

    Geonext Corporation, through its subsidiary, Area Energy, has completed the acquisition of two solar projects from Shikishima Farm Co. The projects acquired are the 1.99 MW Hirono sola...

    Read more

Share this update