One of Japan’s Largest Mega Solar Projects to be Built in Aichi
Mitsubishi Co., Japan: Mitsubishi Corporation (MC) and C-Tech Corporation (C-Tech) have concluded an agreement with the Aichi Public Enterprise Bureau and Tahara City for the development of a large-scale mega solar project in Tahara City, Aichi Prefecture. Under this agreement, MC and C-Tech will jointly establish “Tahara Solar Co., Ltd.” (the Company) this February. The Company will build and operate the 77 MW Mega Solar Power Plant, one of the largest solar projects in Japan. Construction on the project will start this summer, while the actual sale of electricity, to Chubu Electric Power Company, is scheduled to commence in 2014. The total project cost is estimated at over 20 billion yen, 80% of which will be raised through project financing. (Source: http://www.mitsubishicorp.com/jp/en/pr/archive/2013/html/0000018356.html)