More Support For 480 MW Japan PV Project

Proposed 480 MW Ukujima Solar Power Plant In Japan Finds Five More Companies Come On Board
05:41 PM (Beijing Time) - 26. January 2018
n_mar_japan_More Support For 480 MW Japan PV Project _ab 20

All the power generated by the 480 MW Ukujima plant would be sold to the local utility, Kyushu Electric Power Co., Inc. It would be transmitted through a 64 km undersea cable between Ukujima and the island of Kyushu. (Photo Credit: Kyocera Corporation)

Key Takeaways

  • Five more companies have evinced interest in the 480 MW solar power plant in Japan proposed by Kyocera Corporation, Kyudenko Corporation, and Mizuho Bank
  • The additional partners now include SPCG Public Company Limited, Tokyo Century Corporation, Furukawa Electric Company Limited, Tsuboi Corporation, and The Eighteenth Bank Limited
  • The project is proposed to come up on the island of Ukujima in Nagasaki Prefecture
  • Project construction is estimated to begin in FY 2019 and will generate around 515,000 MWh of clean energy annually
  • Kyocera wants to provide its high-output multicrystalline silicon solar modules for the project

A 480 MW proposed solar power project in Japan,which has been under discussion for several years and would be the country’s largest, has found support coming from 5 more companies interested in developing the project:

  • SPCG Public Company Limited,
  • Tokyo Century Corporation,
  • Furukawa Electric Company Limited,
  • Tsuboi Corporation, and
  • The Eighteenth Bank Limited.

Kyocera Corporation, Kyudenko Corporation, and Mizuho Bank have already been contemplating the possibility of operating this project since June 2014. One of the new entrants, SPCG, is a solar power project developer from Thailand, which has been collaborating with Kyocera since 2009.

The project, to be located on the island of Ukujima in Nagasaki Prefecture, was planned by Photovolt Development Partners GmbH (PVDP) in April 2013. The tiny island of Ukujima is a sparsely populated place with total population of approximately 2,000. Total investment on the project is expected to be around 200 billion yen ($1.80 billion), which would be very high for solar system of that size, but this would include also the transmission line. Construction of this project is scheduled to begin in the financial year of 2019, ending on March 31, 2019. Kyocera wants to provide around 1,650,000 of its high-output multicrystalline silicon solar modules for the project. Once completely operational, it would generate around 515,000 MWh of clean energy annually.

The entire generation capacity is planned to be transmitted via a 64 km undersea cable between Ukujima and the island of Kyushu and sold to the local utility, Kyushu Electric Power Co., Inc.

“Under the plan, a land management company would lease agricultural land or deserted arable land on the island from respective owners to then be subleased to a special purpose company named “Ukujima Future Energy G.K.” — a subsidiary of the Ukujima Future Energy Holdings G.K., to construct and operate the solar power systems,” according to an online statement from Kyocera. Some of the solar systems are to come up on stilts, allowing the land to be used both for power generation and agriculture.

All the companies involved in the development will continue to explore the project to achieve an environment friendly business model using solar power, which will also be in the interest of the region’s agricultural practices, according to the statement.

Kyocera is working with Kyudenko Corporation and Tokyo Century Corporation also on a 92 MW solar power project in Japan (see Japan’s Largest PV Project Started).

 

Anu Bhambhani

Anu Bhambhani is the Senior News Editor of TaiyangNews

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Anu Bhambhani