Japanese real estate firm Takara Leben Co Ltd (TYO:8897) has completed a 14-MW solar photovoltaic (PV) plant in Tottori prefecture, Japan.
The solar park, named Leben Solar Tottori Daisen Power Plant, is expected to generate some 16.5 million kWh of electricity per year, the company announced on Wednesday. The power from the plant will be enough to meet the demand of 4,800 local homes.
Located on a former golf course at the foot of mount Daisen, the solar park covers an area of about 254,645 sq m in the district of Saihaku municipality. It is currently the largest power plant developed by the Takara Leben in the Chugoku region.
Takara Leben’s Director, COO and Executive VP, Shimizu Kazutaka, noted that the company has delivered around 310 MW of solar facilities, including those already sold, by the end of March 2022. The firm intends to develop power plants that are not only under the feed-in-tariff (FiT) system, but that can also be traded under power purchase agreements (PPAs), the executive added.