Weekly renewables M&A round-up (May 23-27)
May 27, 2022 17:26 CESTto-the-point: Toyo to built 32-MW PV plant in Chiba
Solar panels. Featured Image: pornvit_v/Shutterstock.com
February 22 (Renewables Now) - Tokyo-based Toyo Engineering Corp (TYO:6330) announced on Tuesday it has received an order to build a 32-MW direct current (DC) photovoltaic (PV) plant in Katsuura City, Chiba Prefecture.
The engineering, procurement and construction (EPC) contract has been awarded by local firm KS Power 1 GK. The plant is scheduled to commence operations by the end of 2019, Toyo said in its press release.
Local utility TEPCO Energy Partner Inc, a unit of Tokyo Electric Power Company Holdings Inc (TYO:9501), will be the sole purchaser of the plant's output.
Overall, the company has now a solar portfolio of more than 580 MW in Japan, it noted.
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