Kyocera Corporation (Kyoto, Japan), K.K. GAIA POWER, Kyudenko Corporation and Century Tokyo Leasing Corporation on May 27th, 2015 announced that the companies have made a joint investment in Kanoya Osaki Solar Hills LLC, a solar power operating company, to construct and operate a 92 megawatt (MW) solar photovoltaic (PV) plant.
Planned for construction on a site stretching across Kanoya City and Osaki Town in Kagoshima Prefecture, the PV project will become one of the largest solar installations in Japan.
Project planning began in January 2014, as the local community expressed interest in effectively using the project site, which had been designated for a golf course more than 30 years ago but subsequently abandoned.
Roughly 99,230 MWh of solar power expected annually
Covering a total of approximately 2,000,000 m2 (approx. 494 acres), the site will accommodate 340,740 Kyocera solar PV modules, and is expected to generate roughly 99,230 MWh of solar power annually – enough electricity to power approximately 30,500 typical households.
Under the agreement, Kanoya Osaki Solar Hills LLC will operate the PV site, and a joint venture established by Kyudenko and Gaia Power will undertake the design, construction and maintenance of the solar installation.
Kyocera will supply its high-efficiency solar PV modules, and Century Tokyo Leasing will arrange financing. Approximately 35 billion yen (approx. USD 290 million) in investment is planned for the project, with a goal to start construction in the second half of FY 2016 (October 2015 to March 2016) and begin operations in FY 2018 (April 2017 to March 2018).
The land development application for the project was submitted in April 2015, along with a year-long environmental impact assessment which has been completed. The massive installation will contribute to the local community through job creation and increase of tax revenues in Kanoya City and Osaki Town.
2015-05-27 | Courtesy: KYOCERA | solarserver.com © Heindl Server GmbH
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