Pacifico Energy breaks ground on 54-MW PV plant in Japan
Pacifico Energy PV plant in Sano Tochigi prefecture
Asian renewables developer Pacifico Energy KK announced on Sunday the start of construction of a 53.9-MW solar park in Japan’s Tochigi prefecture.
The power plant, the capacity of which is given in direct current (DC), is the developer's first in Tochigi. To be installed at the site of a golf course in Sano town, the photovoltaic (PV) park is expected to become operational in the summer of 2022.
Pacifico Energy has hired Juwi Shizen Energy Inc as the engineering, procurement and construction (EPC) contractor. The financing for the project is coming from Sumitomo Mitsui Trust Bank, with Mitsubishi UFJ Morgan Stanley Securities Co and Baker McKenzie acting as financial advisor and legal counsel, respectively.
Once up and running, the PV farm will be capable of producing nearly 62 million kWh of electricity per year, offsetting about 500,000 tonnes of carbon dioxide (CO2) emissions for around 18 years, the company estimates.
Pacific Energy has 644 MW of solar capacity in operation and 450 MW under construction across Japan.