Kanoya Osaki Solar Hills, a Joint Venture of Kyocera, Gaia Power, Kyudenko and Tokyo Century, has begun the construction of a 92 MW PV power plant in Japan. The total investment is estimated to exceed JPY 35 billion ($315 million).
Kyocera will supply around 340,000 solar modules with an annual total output of almost 99,000 megawatt hours. The planning, construction and maintenance of the solar park is to be carried out by a consortium established by Kyudenko Corporation and K.K. Gaia Power. In the meantime, Tokyo Century is responsible for the finance agreement of the project.
According to Kyocera, the planned solar park will stretch over an area, originally designed for a golf course, of almost 2,000,000 square meters, between Kanoya and Osaki. This is almost equivalent to the size of the Principality of Monaco.
K.K. Gaia Power is the main shareholder of Kanoya Osaki Solar Hills, founded in 2014. Kyocera, Kyudeno and Tokyo Century each hold 9.1%of the joint venture.
by Carl Johannes Muth