Japanese venture snaps up 10% of ReNew Power for $200 million
Jera — jointly owned by Japanese utilities Tokyo Electric Power (Tepco) and Chubu Electric Power — will acquire an equity stake in the Indian independent power producer via a subscription to newly issued shares.
Sparx’s clean-energy investments hit $1.2 billion in Japan
Solar accounts for nearly 92% of its 307 MW renewables portfolio, with total investment reaching ¥137.3 billion ($1.2 billion) by the end of January 2017.
Sumitomo Corp. to develop 32.3 MW in Fukushima
The Tokyo-based group will oversee construction of the ¥13 billion ($114.3 million) project in the city of Minamisoma, on the east coast of the Japanese island of Honshu.
Sharp’s solar losses buck profitability trend in 2016
Japanese electronics giant lowers its full-year losses to just $329 million as share values rise across the board following buyout by Foxconn. Sharp’s solar segment, however, remains only unprofitable division.
SoftBank unit to complete 43.4 MW of PV
SB Energy — the renewables development unit of Japanese telecoms giant SoftBank — will connect the project to the grid from the start of February with partner Mitsui & Co.
Canadian Solar begins operation on 2 plants in Japan
The Chinese company today announced the commercial operation of two PV power plants in Japan, totalling 12.7 MW.
Japan’s Looop signs 40 MW development plan in Kenya
The Tokyo-based PV module supplier has moved forward with the development of its first utility-scale PV plant by signing a memorandum of understanding (MOU) with the authorities in Kitui county, roughly 170 kilometres southeast of Nairobi.
