In an effort to deal with the power supply issues resulting from the Great East Japan Earthquake of March 2011, the Japanese government decided to promote the use of renewable energy. To this end, the government restructured its feed-in-tariff (FIT) program (a program aimed at encouraging investment in renewable energy technologies) in July 2012. In an effort to boost the green energy sector in Japan, FIT made it mandatory for local utilities to purchase more than 10 kilowatts (kW) of their power requirements from the solar installations for a period of 20 years.
In a boost to Japan government’s FIT initiative, Kyocera (News - Alert) Corporation has recently launched a 70 megawatt (MW) solar power plant in southern Japan. Located in South Japan’s Kagoshima Prefecture, the Kagoshima Nanatsujima Mega Solar Power Plant is being operated by a special purpose company called Kagoshima Mega Solar Power Corporation. In accordance with the terms of FIT program, the electricity generated in this power plant will be sold to a local utility, called Kyushu Electric Power Co.
Kagoshima Mega Solar Power Corporation was established by Kyocera and six other companies just a year ago. Its 70MW solar power plant project was funded by Mizuho Corporate Bank. As the largest shareholder of the new company, the Kyocera Group also had to bear the additional responsibilities of supplying the solar modules. The company was also given the responsible for overseeing a part of the construction.
In collaboration with Kyudenko Corporation, Kyocera Group will deliver maintenance service for the mega solar plant, which according to industry watchers, introduces a new business model for utility-scale solar power generation in Japan.
With its new mega solar power plant starting operation on the first day of this month, the Japan government takes a giant leap toward the fulfillment of its dream of building a low carbon society. So far the largest renewable power generation plant in Japan the facility will supply enough clean electricity to power 22,000 average households.
Edited by Cassandra Tucker