Solariant Capital's investment in a 52.7 MWp biomass power plant is being purchased by a consortium led by Japanese utility Chubu Electric Power. The sum was not revealed.
Chubu and its partners Inabata & Co, Taihei Dengyo Co, Tokyo Sangyo Co, and Hitachi Zosen Corporation have reached a deal with Solariant for the acquisition. Solariant, on the other hand, holds a minority ownership in Fukuyama Biomass Power Plant, the project business.
The bank debt is provided by Sumitomo Mitsui Trust Bank, but the amount and other information have not been revealed. The project is located in Fukuyama, Hiroshima, and is planned to be completed and operational in May 2025. It is anticipated to generate 380,000 GWh of electricity per year.
Sonnedix Japan, on behalf of the Sonnedix Group of companies, has achieved commercial operation of the 26.5 MW Sonnedix Tanabu solar photovoltaic plant in Japan. Located in the town of Yamada, Iwate...
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Read moreAmp Energy has secured a Shinsei Green Loan valued at JPY17 billion (US$147.5 million) from its standing financing partner, Shinsei Bank. The funds will be used for the construction of the 60 MWdc Fuk...
Read moreA consortium represented by Mitsubishi Corporation Energy Solutions Ltd. received notification from the government of Japan that the consortium members (Mitsubishi Corporation Energy Solutions Ltd., C...
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