Kyushu Electric to establish 5-MW geothermal facility in Japan
Nov 22, 2013 - Japanese utility Kyushu Electric Power Co Inc (TYO:9508) said today it would construct a 5-MW geothermal facility in southwestern Japan.
The installation will be built by a unit of Kyushu Electric in the prefecture of Oita on Kyushu island. Construction works are planned to start in March 2014 with the aim of putting the facility on stream in March 2015.
Further details on the project were not available.
Japan launched renewable energy feed-in tariffs (FiTs) in July 2012 to speed up the development of greener energy sources and cut its reliance on fossil fuels. The FiT for geothermal was set at JPY 42 (USD 0.42/EUR 0.31) per kWh for plants below 15 MW, and at JPY 27.3/kWh for those bigger than 15 MW. It remained unchanged in a FIT review from April that resulted in lower solar tariffs, only.
Veselina Petrova is one of Renewables Now's most experienced green energy writers. For several years she has been keeping track of game-changing events both large and small projects and across the globe.