Mitsubishi UFJ Lease & Finance has secured a partnership with Chubu Electric Power Co Ltd, Solariant Capital LLC and Bio Fuel Co Ltd, creating a Joint Venture called Kamisu Biomass Power Generation LLC, to develop a 50 MW biomass project in Ibaraki prefecture.
The Kamisu Biomass Power Generation LLC has secured a loan arranged by Sumitomo Mitsui Trust Bank.
The biomass plant is expected to generate about 350 million kWh of clean electricity per year through the use of palm kernel shells. The construction will start in December 2020 and expected to be completed in July 2023.
Country updates
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September 18, 2019
Etrion receives final installment of JPY200m from Kumamoto solar project sale
Etrion Corporation (Etrion), an independent solar power producer, has collected the final installment of JPY 200 million (US$1.8 million) under the rights sale agreement for the 45 MW Kumamoto so...
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September 18, 2019
Cosmo Eco plans to build a 1000 MW offshore wind farm in Japan
Cosmo Eco Power is set to build an up to 1000 MW offshore wind farm to be located in Ishikari Bay in Hokkaido, Japan. Cosmo Eco Power has submitted an environmental impact statement (EIS) for...
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September 11, 2019
JRE starts the commercial operation of 3.2 MW Hasaki North solar power plant in Japan
Japan Renewable Energy (JRE) has begin commercial operation of a 3.2 MW Hasaki North Solar Power Plant located in located in Kamisu municipality. The photovoltaic (PV) park comprised ...
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September 09, 2019
JRE begins construction works at 33.6 MW Shichinohe Towada Wind Farm in Japan
Japan Renewable Energy (JRE) has started the construction of a 33.6 MW wind project in Aomori prefecture. The JRE Shichinohe Towada Wind Farm is installed in the municipalities of Shichinohe and Towa...
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September 07, 2019
SB Energy, Mitsubishi UFJ to put online the 7.5-MW Softbank Akita Kotooka in Japan
SB Energy Corp has announces that its 7.5 MW Softbank Akita Kotooka Wind Farm developed in partnership with a subsidiary of Mitsubishi UFJ Lease & Finance will be put online on September...
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