Kyuko, Kyudenko and JFE Engineering have jointly established Kyushu Shine Energy Corporation as the first stage of the venture, which is to develop approximately 50 MW of renewable power plants across Japan by 2015.
As part of the initial phase of the project, construction has begun on the 1.7 MW Meishihama Solar Plant in Tamana Gun, located in southern Japan. The facility is planned to begin operation in September.
Equipped with 7,200 panels, the solar plant will cover 18,178 square meters and, when complete, will generate more than 1,800 MWh a year, equal to the energy needs of around 500 ordinary households. The Kyushu Electric Power Company will buy the electricity generated by the plant.
Kyuko offers asset management and funding solutions, while JFE provides engineering, planning and construction services. Upon completion, Kyudenko will oversee operation and maintenance of the facility.
In addition to solar projects, the three companies will continue their partnership on geothermal and wind power projects.
With Japan having surpassed Italy and Germany to become the second biggest solar market in the world, many companies have gradually turned their focus on solar projects in the country. Orix began expanding into solar last year when it set up a 1.5 MW roof rental solar power project in Japan.
This content is protected by copyright and may not be reused. If you want to cooperate with us and would like to reuse some of our content, please contact: firstname.lastname@example.org.
By submitting this form you agree to pv magazine using your data for the purposes of publishing your comment.
Your personal data will only be disclosed or otherwise transmitted to third parties for the purposes of spam filtering or if this is necessary for technical maintenance of the website. Any other transfer to third parties will not take place unless this is justified on the basis of applicable data protection regulations or if pv magazine is legally obliged to do so.
You may revoke this consent at any time with effect for the future, in which case your personal data will be deleted immediately. Otherwise, your data will be deleted if pv magazine has processed your request or the purpose of data storage is fulfilled.
Further information on data privacy can be found in our Data Protection Policy.