Renova, a Japanese renewable energy developer, to carry out a feasibility study on a 560 MW nearshore wind farm off the city of Yurihonjo in Akita Prefecture in the northern Tohoku region of Japan.
Energy Finance & Investment News in Japan
First Solar, Inc. has announced that it has obtained non-recourse project debt financing of approximately JPY27 billion (US$240 million) in a syndicated loan arranged by Mizuho Bank Ltd. for a utility-scale solar project in Ishikawa prefecture, Japan.
The consortium led by the Japan-based utility Kyuden Mirai, has been selected to undertake the development of Japan's largest offshore wind project to date. The project, which holds a total budget of JPY175 billion (US$1.54 billion) is expected to add 229 MW of wind generation to the current wind power portfolio.
Sonnedix, through its Japanese operator Nippon Solar Services (NSS), has partnered with GSSG Solar to deploy a 170MW portfolio of Solar PV plants, with 47MW under construction, and the rest currently under development.
Pattern Energy Group LP and Green Power Investment Corporation have announced the completion of financing of the 33 MW Green Power Otsuki GK power project. Pattern Development and GPI are joint venture partners on the project, which is located in Kochi Prefecture, Japan.
Aquila Capital has made an investment in the three-digit million euro range in a photovoltaic park in Tomakomai, Hokkaido in the north of Japan on behalf of institutional investors.
Canadian Solar Inc. has announced the closing of JPY14.9 billion (US$131 million) senior and subordinate non-recourse term loan facilities to finance the construction and operation of a 55 MW solar power plant in the Yamaguchi prefecture, Japan.
Thailand-based GUNKUL has announced that it will invest in its fourth solar farm in Japan, in Iwakuni, in Yamaguchi Prefecture.
Etrion and Hitachi High-Technologies will build, own and operate the 13.2 MW Komatsu solar project in Japan with financing from Sumitomo Mitsui Trust Bank.
Eurus Energy Holdings Corporation, a Japanese renewable energy company, has announced the successful completion of the acquisition of two wind farms in Finland from a joint venture of Maas Capital Renewables, a dedicated investor in renewable energy, 100% owned by ABN AMRO Bank N.V., and YARD ENERGY, a Dutch based developer of wind energy projects.
At the shareholders meeting of Fukushima Gas Power Co., Ltd. FGP) that was founded by Japan Petroleum Exploration Co., Ltd. (JAPEX) and Mitsui & Co., Ltd (Mitsui) held on October 11, 2016, two important resolutions concerning the Natural Gas-fired Power Generation Project at Soma Port in Shinchi Town, Fukushima Prefecture were passed.
Tokyo Electric Power Company Holdings, (TEPCO Holdings) has made an investment in United Wind, Inc., a venture company developing solutions business in the U.S. that reduces customers’ electricity expenses by utilizing small wind power generation facilities.
Canadian Solar Inc. has announced that its wholly-owned subsidiary Canadian Solar Projects K.K. has entered into a syndicated 3- year loan facility for JPY9.6 billion (US$95 million).
TonenGeneral Sekiyu K.K. and JGC Corporation have decided to jointly establish Muroran Biomass Power Generation G.K. and implement a biomass power generation business, utilizing idle land owned by TonenGeneral and located in Kohoku-cho, Muroran City, Hokkaido (Japan).
BRUC Capital and Macquarie Capital have signed a framework agreement for an investment programme with IBC SOLAR to acquire up to 37 MW of photovoltaic solar projects in Japan.
ReneSola Ltd, a solar PV project developer and provider of energy-efficient products, has announced that it sold a 1.23 MW solar power project located in Ibaraki, Japan.
Thai firm Gunkul Engineering has announced it has plans to acquire a 72 MW solar PV project in Tochigi province, Japan, from Kabushiki Kaisha Duplex Group (Duplex).
BCPG Japan Corp, affiliated with Thailand-based Bangchak Petroleum PLC, has reached financial close for a 14 MW large-scale photovoltaic solar plant located in Nagi-cho, Okayama Prefecture, Japan.
Sky Solar Holdings, Ltd., a global developer, owner and operator of solar parks, has announced that the company entered into a Letter of Intent with Solar Partnership Capital Ltd (SPC), a non-affiliate of Sky Solar in certain Japanese projects.
Taiheiyo Cement has plans to develop a 75 MW biomass power plant at a cement production site in Ofunato, Iwate Prefecture (northeastern Japan).