Renewable Japan Co Ltd (TYO:9522) has commenced the construction of a 25-MW solar project in Fukushima prefecture.
The Shirakawa Omotego Solar Power Plant, as it is named, is expected to start commercial operation in January 2025, the developer said in a press statement.
Once up and running, the photovoltaic (PV) plant should be capable of producing enough clean electricity to meet the consumption of some 5,600 ordinary households per year.
The company noted that Omotego Solar will sell its output at a unit price of JPY 24 (USD 0.164/EUR 0.169) per kWh.
Renewable Japan, which develops and operates solar, wind and hydropower plants, is the sole owner of the project.
No further details on the project were given in the release.
(JPY 100 = USD 0.682/EUR 0.703)
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