Renova Inc has reached financial close for the 20.8 MW Hitoyoshi Solar Power Plant located Higashi-Otsuka-machi, Hitoyoshi, Kumamoto Prefecture, Japan. The solar plant can generate up to 22 million kWh of energy per year.
Renova manages the project through its unit, Hitoyoshi Solar GK. Initially, the company owns 38% of the solar park while the remaining 62% is held by Fuyo General Lease Co Ltd. Renova has the right to acquire its partner's interest once the project is completed.
The construction of the plant began in November 2019 and the development is expected to be completed in June 2023.
Country updates
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November 15, 2019
EC Commission clears acquisition of joint control over X-Elio Energy by Brookfield and KKR
The European Commission has approved, under the EU Merger Regulation, the proposed acquisition of joint control over X-Elio Energy, S.L. by Brookfield Asset Management Inc. and KKR & Co. Inc. whic...
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November 15, 2019
SPAC starts the construction of Omuta No.1/No.2 Biomass Power Plant in Fukuoka
Toshiba Energy Systems & Solutions Corporation's consolidated subsidiary, SIGMA POWER Ariake Corporation (SPAC), has started the construction of a biomass power plant in Omuta City, Fukuoka P...
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November 12, 2019
JA Solar supplies PERC modules to 32 MW solar and energy storage project in Shibetsu
JA Solar has supplied all PERC modules for a 32 MW solar-plus-storage facility. The facility is one of the largest PV plants in Hokkaido, and has been connected to the grid. The project is located i...
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November 11, 2019
Takara Leben Infrastructure Fund raises JPY6.6bn in public offering
Takara Leben Infrastructure Fund, a Japan-based closed-ended fund, has closed a JPY6.6 billion (US$60.40 million) from an international public offering of new shares. The Fund aims to maintain s...
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October 25, 2019
Canadian Solar Inc. secures a 30 MWp Solar PV project in Maniwa city
Canadian Solar Inc. has announced that it has been awarded a 30 MWp project to be built in Maniwa City, within Okayama prefecture, in Japan's 4th solar energy auction. The projec...
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