The new solar project was constructed by Hitachi High-Technologies and is located in the Ishikawa prefecture of the Honsu region in Japan. The project is supported by a twenty-year power purchase agreement with the Hokuriku Electric Power utility and will receive ¥32 (approximately $0.30) per kilowatt-hour produced. It is expected to produce approximately 14.2 GWh of solar electricity per year.
“We are delighted with our continuous progress in Japan and Komatsu represents an important milestone as we reach nearly 60 MW of gross capacity now operating in Japan” said Marco A. Northland, Etrion’s Chief Executive Officer. “I am very grateful to our team, Hitachi High-Technologies and all other stakeholders that worked around the clock to complete this project ahead of schedule, enabling Etrion to capture all the revenues during the summer, being the highest production months. It also releases internal resources which can now focus on the next projects in the backlog targeted to being constructed within the next 12 months.”
Image: The Mito solar plant in Japan (Etrion)
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