Mitsubishi invests in 19.6 MW Distributed Solar Power Project in Massachusetts

Mitsubishi HC Capital Inc. has acquired a 49% stake in a 19.6 MW Massachusetts-based distributed solar power project from Excelsior Energy Capital in the USA.

The project owns and operates three solar power plants with a total capacity of 19.6 MWDC and supplies generated electricity to local public entities, universities, and about 800 individual homes in the Commonwealth of Massachusetts. It is supported by the SMART program, the state’s longterm, sustainable solar incentive program to promote cost-effective solar development.