Oct 8, 2014 - Japanese firm Sojitz Corp (TYO:2768) said last week it had kicked off commercial operations at a 9.14-MW solar park on Hokkaido island, northern Japan.
Construction of the photovoltaic (PV) facility was initiated in October 2013 and finished at the end of September 2014. This was about a month earlier than planned, according to Sojitz's press release from Thursday.
The solar park, situated in the town of Koshimizu, is expected to generate enough power to supply 2,800 local homes annually. It will operate under Japan’s feed in tariffs (FiTs), with its output to be bought by domestic utility Hokkaido Electric (TYO:9509).
The PV plant is the first facility of a project that envisages the construction of four plants of 106 MW in total in Japan. Two parks of 13 MW each are planned to be built in Kumamoto and Aichi prefectures, respectively. The first one of them is to be put on stream in December, while construction of the other facility will be wrapped up in August 2015. The largest installation of the scheme, with a capacity of 71 MW, will be built in Aomori prefecture, is scheduled to be switched on by the end of 2016.
The 106-MW project, unveiled last August, marked Sojitz’s entry into the utility-scale solar market in Japan. It calls for a total investment of JPY 35 billion (USD 326m/EUR 256m).
(JPY 100 = USD 0.925/EUR 0.731)
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