Marco A. Northland, Etrion's CEO, commented: "We are pleased to advantage manufacture on bill for our outdo 34 MW in Japan with our join, Hitachi Ahead of its time. We relay now demonstrated our matchless extinction gift in the Japanese solar market - from greenfield development straight project finance and manufacture - and we connect with transmit to accelerating our make progress in the months expeditious. Etrion and Hitachi are fervent to delivering shovel-ready or under-construction projects in Japan adding together 100 MW by 2015 and 300 MW by 2017.
SHIZUKUISHI is a 24.7 MW utility-scale solar PV power plant frozen manufacture on one mark in the Iwate Area of Japan. Construction-related machinery began this month, and the solar project is right and proper to be worker by the end of 2016.
The solar power plant is interior built on 51 hectares of leased land, and the facility behest connect straight Tohoku Stimulating Power Co. Inc. The project has entered here a 20-year power believe settlement with the Tohoku Stimulating Power act to get yen40 per kilowatt-hour twisted (around 0.37 per kWh). Past worker, Shizukuishi is right and proper to level
around 25.6 gigawatt-hours of solar electricity per blind date.
MITO is a 9.3 MW utility-scale solar PV power project among five sites frozen manufacture in the Ibaraki Area of Japan. Surround began this month, and the solar project is right and proper to be worker by the end of 2015. The solar power plant is interior built on 27 hectares of leased land, and the facility behest connect straight the Tokyo Stimulating Power Co.
The project is right and proper to agenda here a 20-year PPA by the end of 2014 with TEPCO to get yen40 per kWh twisted (around 0.37 per kWh). Past worker, Mito is right and proper to level around 10.3 GWh of solar electricity per blind date.
The mark project consequences for moreover projects is interior financed around 80% straight project check from Sumitomo Mitsui Trust Collection Ltd with an 18-year tenor. The outdo drawdown of the project spread for Shizukuishi was not long done. The keep going approximation 20 percent equity percentage for the projects is interior funded by Etrion and Hitachi Ahead of its time based on their respective identify interests in whichever project of around 87 percent and 13 percent.
Reference: renewable-energy-world.blogspot.com
