Pacifico Energy K.K. has commenced the construction of a 111.055 MW(DC) solar power generation plant in Wakayama Prefecture, Japan. The plant, the first that Pacifico Energy developed in Wakayama Prefecture, is set to become one of the largest operational plants in the prefecture.
The EPC contractor of the project is Sharp Energy Solution. It will be constructed on the site of a golf course in Nishimuro-gun. Commercial operations are expected to begin in the Spring of 2022. Once commissioned, the plant will generate approximately 150 million kilowatt-hours of electricity annually, contributing to a reduction of approximately 900,000 tons of CO2 emissions for an electricity supply period of around eighteen (18) years.
This project was financed by a lending syndicate arranged by MUFG Bank, Ltd., with law firm Baker McKenzie acting as legal counsel to Pacifico Energy.
