Ishinomaki 14MW solar power plant

19/5/2016
Project development

Announced

19/5/2016


Overview:

  • Ishinomaki 14MW solar power plant.
  • Trina Solar—a Chinese solar modules manufacturer and solar power plant development company—has launched a mega solar power project in Ishinomaki, Miyagi Prefecture, Japan.
  • The Jiangsu-based company is working together with GE Energy Financial Services to invest in the 14MW power plant.
  • Construction of the project is planned for the end of June and the facility is scheduled to begin generating electricity by June 2017.
  • The energy generated by the project will be sold to Tohoku Electric Power for a fixed rate of 36 yen/kWh for 20 years. The plant is expected to supply the electrical needs of more than 4400 households once completed.
  • Solar power has received considerable attention in Japan as a renewable energy solution in recent years after the Fukushima disaster and subsequent attractive feed-in-tariff regime. 

Adam Majeed - Regional editor

Jurisdiction:

Japan

Deal type:

Project development

Practice area:

Project development

Industry sector:

Energy


Firm:

Party: Trina Solar (Project developer)

Lawyer: Naoaki Eguchi