Japanese manufacturer of cranes and aerial work platforms Tadano Ltd (TYO:6395) announced this week its first on-site rooftop solar power generating system.
Developed by local financial services group Orix Corp (TYO:8591), the 1.18-MW photovoltaic (PV) array was built under a new power purchase agreement (PPA) between the companies.
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The new PV system covers a 20,000 sq m (215,278.21 sq ft) area on the roof of the main factory building at Tadano Kozai Plant in Takamatsu town, Kagawa prefecture.
With this initiative, Tadano estimates it will receive around 1.264 million kWh during the first year of operation, enough to reduce carbon dioxide (CO2) emissions at the site by approximately 18%.
Tadano targets zeroing its carbon emissions by 2050.
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Lucas is based in Brazil. He joined Renewables Now to expand coverage of the Ibero-American market, a highly attractive destination for green energy investment.