Chitose Solar PV Park is a 39MW solar PV power project. It is located in Hokkaido, Japan. The project is currently active. It has been developed in single phase. Post completion of construction, the project got commissioned in October 2017.

Project Type Total Capacity (MW) Active Capacity (MW) Pipeline Capacity (MW) Project Status Project Location Project Developer
Solar PV 39 39 Active Hokkaido, Japan Korea Electric Power

Description

The project was developed by Korea Electric Power. Korea Electric Power and Japan Energy are currently owning the project having ownership stake of 80% and 20% respectively.

Chitose Solar PV Park is a ground-mounted solar project which is spread over an area of 1,090,000 square meters.

The project generates 35,000MWh electricity and supplies enough clean energy to power 10,000 households. The project cost is $107m.

Development Status

The project got commissioned in October 2017.

Power Purchase Agreement

The power generated from the project is sold to Hokkaido Electric Power under a power purchase agreement. The power is sold at the rate of $0.35kWh for a period of 20 years. The contracted capacity is 28MW.

Contractors Involved

Korea Electric Power and LS Electric were selected to render EPC services for the solar PV power project.

LS Group was selected as the supplier of the PV modules for the project. The company installed 130,000 modules at the site.

Korea Electric Power and LS Electric were contracted to render operations & maintenance services for the project.

About Korea Electric Power

Korea Electric Power Corp (KEPCO) is an integrated electric utility. It generates, transmits, and distributes electricity. The company produces electricity using nuclear, thermal, renewable and other sources. Through power purchase agreements with independent power producers, KEPCO procures electricity. It also provides plant maintenance and engineering services for thermal and nuclear power plants; information services and communication line leasing; and sells nuclear fuel. KEPCO serves residential, commercial, educational, industrial, agricultural, street lighting, and overnight power customers in the country. The company is owned by Korea Development Bank, foreign investors, Government of the Republic of Korea, and others. KEPCO is headquartered in Naju-si, Jeollanam-do, South Korea.

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.