Renewable

January 16 (Renewables Now) - Japanese firm Seibu Railway Co Ltd announced on Monday it has started construction of a 8.4-MW photovoltaic (PV) plant in Kanagawa prefecture.

The Seibu Takeyama Solar Power Station, as it is named, will be comprised of 31,080 solar panels, spread over an area of 13.6 hectares in Yokosuka city, the firm said.

Scheduled to start operations in February 2019, the PV plant should be able to produce 9.56 million kWh per year, enough power to meet the annual demand of 2,660 local homes. It is estimated to bring annual revenues of some JPY 382.4 million (USD 3.45m/EUR 2.82m), Seibu noted.

This is the ninth PV facility the company has under its belt, with the other eight already in operation. When complete, Takeyama plant is expected to offset about 3,010 tonnes of carbon dioxide (CO2) emissions.

(JPY 100 = USD 0.904/EUR 0.740)