Namie Yatsuda Reconstruction Solar PV Park is a 60.192MW solar PV power project. It is located in Fukushima, Japan. The project is currently active. It has been developed in single phase. Post completion of construction, the project got commissioned in October 2020.
| Project Type | Total Capacity (MW) | Active Capacity (MW) | Pipeline Capacity (MW) | Project Status | Project Location | Project Developer | Solar PV | 60.192 | 60.192 | – | Active | Fukushima, Japan | Mitsubishi Research Institute |
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Description
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The project was developed by Mitsubishi Research Institute. Mitsubishi UFJ Lease & Finance and Mitsubishi Research Institute are currently owning the project having ownership stake of 81% and 19% respectively.
Namie Yatsuda Reconstruction Solar PV Park is a ground-mounted solar project which is spread over an area of 88 hectares.
The project generates 71GWh electricity and supplies enough clean energy to power 14,500 households. The project cost is $149.604m.
The project consists of 200,000 modules.
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By GlobalDataDevelopment Status
The project got commissioned in October 2020.
Power Purchase Agreement
The power generated from the project is sold to Tokyo Electric Power Co Holdings under a power purchase agreement at the rate of $0.227kWh.
Contractors Involved
Daiwa Energy was selected to render EPC services for the solar PV power project.
About Mitsubishi Research Institute
Mitsubishi Research Institute Inc (MRI) is a provider of research, consulting and information technology (IT) services. The company offers ICT solutions focusing on the internet, cloud computing and artificial intelligence (AI). MRI serves public offices and government, private sector companies and financial institutions by offering services such as surveys, research and policy formation, and support for corporate strategy. The company’s research areas of specialization include machinery, system science, construction, aerospace, telecommunications, civil engineering, nuclear power, information, physics, urban engineering, mathematical engineering, energy, chemistry, biology, agriculture and forestry, materials and metals, geology, and environmental engineering. It has business presence in the US, China, Japan, Vietnam and the UAE. MRI is headquartered in Chiyoda-Ku, Tokyo, Japan.
Methodology
All power projects included in this report are drawn from GlobalData’s Power Intelligence Center. The information regarding the project parameters is sourced through secondary information sources such as electric utilities, equipment manufacturers, developers, project proponent’s – news, deals and financial reporting, regulatory body, associations, government planning reports and publications. Wherever needed the information is further validated through primary from various stakeholders across the power value chain and professionals from leading players within the power sector.
