Sumitomo Mitsui gets govt approval for 1.6-MW floating solar project in Japan
Image of when the project is completed. Image by Sumitomo Mitsui (https://www.smcon.co.jp)
Sumitomo Mitsui Construction Co Ltd (TYO:1821) announced on Thursday it has obtained the go-ahead from Japan's Ministry of Economy, Trade and Industry for a 1.6-MW floating solar power plant in Hyogo prefecture of the country's main island Honshu.
To be built on an agricultural reservoir in Kato City, the photovoltaic (PV) project is the company’s first floating solar power generation plant in Hyogo.
Construction is scheduled to commence in July 2023, while commissioning is planned for February 2024, with a planned period of operation of 20 years.
At present, Sumitomo Mitsui operates five solar power plants – two on land and three on water. Under its growth strategy, the firm aims to achieve 40 MW of renewable capacity in 2024 and 150 MW in 2030.