Weekly renewables M&A round-up (Dec 2-6)
Dec 06, 2019 15:48 CESTJuly 12 (Renewables Now) - Japan's Hokkaido Railway Co announced on Thursday it started construction of a 1.4-MW photovoltaic (PV) plant at its unused Sorachi driving centre site.
The solar facility, part of the company's land utilisation strategy, will require around JPY 400 million (USD 3.7m/EUR 3.3m) in investments. It has a 20-year power purchase agreement (PPA) with local utility Hokkaido Electric Power Company (TYO:9509) at a tariff of JPY 18 per kWh.
Hokkaido Railway foresees a production capacity of more than 2.13 million kWh, enough to meet the annual electricity demand of 481 local homes.
Spread over an area of 31,900 sq m (343,368 sq ft), the PV park is scheduled to be completed in December 2019 with commercial operation estimated to start in the spring of 2020, the railway company noted.
(JPY 100 = USD 0.92/EUR 0.82)
Weekly renewables M&A round-up (Dec 2-6)
Dec 06, 2019 15:48 CESTDaiwa Energy to buy 40% of Aquila Capital
Dec 06, 2019 10:05 CESTJRE breaks ground on 142 MW of PV farms in Kumamoto
Dec 05, 2019 8:24 CESTJapan's SymEnergy, Orix complete 19.6-MW PV plant in Aomori
Dec 05, 2019 8:10 CESTMitsubishi to convert to biomass 112-MW power plant in Japan
Dec 04, 2019 11:35 CESTCanadian Solar offloads 11-MWp PV plant in Japan to infrastructure fund
Dec 02, 2019 15:04 CEST