Grasshopper invests USD 10m in 4MW Japanese solar portfolio
Grasshopper Solar has invested a total of USD10 million in six solar power plants from Univergy Solar in Japan. These six ground mount projects, ranging from 439 kW to 971 kW totaling 4 MW, will utilize 12,500 solar panels, generate 4,544 MWh of clean energy and deliver 3,283 tons of carbon emissions abatement annually.
The solar portfolio will be developed by Univergy along with its Japanese partners, with construction commencing in Q4 2018 and expected to achieve commercial operation by Q4 of 2019. These projects, once completed, will participate in the country's Feed-in Tariff program with a 20-year contract ranging JPY ¥21-24/kWh (USD 0.15983- 0.18266/kWh) awarded by METI (Ministry of Economy, Trade and Industry).
Country updates
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September 14, 2018
Orix starts construction of 56.4 MW solar project in Japan
ORIX Corporation has announced that it has commenced construction of the OR Yamaguchi Mine Solar Power Plant, a utility-scale solar power plant with a maximum output of 56.4 MW, located in Mine C...
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September 10, 2018
NTT Facilities to begin construction of F Seto II Solar Power Station
NTT Facilities is set to begin the construction of the 1.989 MW F Seto II Solar Power Station located in Aichi Prefecture, Japan. The company set the construction works to commence in Septem...
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September 07, 2018
Canadian Solar Infrastructure Fund completes acquisition of 30.4 MWp solar projects in Japan
Canadian Solar Infrastructure Fund, Inc (CSIF) has completed the acquisition of three solar projects with a combined capacity of 30.4 MWp from Canadian Solar, Inc. The deal represents a total inv...
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September 07, 2018
Grasshopper Solar invests in 21.6 MW solar project in Japan
Grasshopper Solar has announced a US$80 million investment in the 21.6 MW Iizuka solar project located in Fukuoka, Japan. The ground-mounted project will utilize 65,455 solar panel...
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September 06, 2018
Engie and J-Power sign MoU for offshore wind projects
Electric Power Development Co., Ltd. (J-POWER) and ENGIE have signed a Memorandum of Understanding (MOU) to collaborate on the development of power projects, particularly in large-scale commercia...
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