Vena Energy has secured a green loan for the 53 MW Kasama Solar Project in Ibaraki Prefecture, Japan.
The JPY16.9 billion (US$121 million) financing arrangement was led by MUFG Bank, Ltd. with co-financing by Joyo Bank in Japan, and it is in line with Vena Energy’s Green Financing Framework.
The Project will be capable of generating enough clean energy to satisfy the electricity requirements of over 14,000 households yearly, or the equivalent of reducing over 38,000 tonnes of greenhouse gas emissions and saving up to 54 million liters of water, compared to thermal generation.
Country updates
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June 05, 2023
Eurus starts construction of 1 MW energy storage system at 7.65 MW wind project in Kazuno City
Eurus Energy Holdings Corp and Toyota Tsusho Corp have started the development of a 1 MW/3 MWh pilot battery energy storage system at the 7.65 MW Eurus Tashirotai Wind Farm in Kazuno City, Japan. The...
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June 01, 2023
Canadian Solar completes sale of 100 MWp Solar Power Plant in Japan
Canadian Solar Inc., through its unit Recurrent Energy, has completed the sale of its Japan flagship mega-project, the 100 MWp Azuma Kofuji solar photovoltaic project located in Fukushima prefect...
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May 30, 2023
127.5 MW Onshore Wind Farms Commissioned in Japan
Eurus Energy Holdings Corp has announced the commencement of power generation at 127.5 MW wind projects in Hokkaido, Japan.
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May 25, 2023
TerraScale Inc. secures 113 land for geothermal project in Northern Japan
TerraScale Inc. announced that it has secured a 113-acre land in Northern Japan, together with Global Family for development of the Green Snow geothermal project. In collaboration with Japanese devel...
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May 22, 2023
Orix, Hokkaido Electric Power to jointly develop 189 MW wind project in Hokkaido
ORIX Corporation has signed a joint development agreement with Hokkaido Electric Power Co., Inc. for the Seiryo Wind Power Generation Project in Date, Hokkaido, Japan. The two companies will collabora...
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