Daiwa Naka Solar PV Park is a 35MW solar PV power project. It is planned in Ibaraki, Japan. The project is currently in permitting stage. It will be developed in single phase. The project construction is likely to commence in 2022 and is expected to enter into commercial operation in 2023.
| Project Type | Total Capacity (MW) | Active Capacity (MW) | Pipeline Capacity (MW) | Project Status | Project Location | Project Developer | Solar PV | 35 | – | 35 | Permitting | Ibaraki, Japan | Daiwa Energy & Infrastructure |
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Description
The project is being developed and currently owned by Daiwa Energy & Infrastructure. The company has a stake of 100%.
Daiwa Naka Solar PV Park is a ground-mounted solar project.
The project cost is expected to be around $62.3m.
Development Status
The project construction is expected to commence from 2022. Subsequent to that it will enter into commercial operation by 2023.
About Daiwa Energy & Infrastructure
Daiwa Energy & Infrastructure Co Ltd (DEI), a subsidiary of Daiwa Securities Group Inc, invests in renewable energy and infrastructure projects. The company develops and operates solar, wind, geothermal, biomass and hydro power plants for its customers. DEI focuses on core infrastructure projects such as power and water networks, communication, ports, airports, and transportation and its peripheral assets, such as satellite communication technology. The company forms capital alliances with other companies for brownfield to greenfield projects, co-invests and offers access to financial products and solutions supported by energy and infrastructure plants. It finances projects in Germany, Japan, Maldives, Vietnam, Spain and the UK. DEI 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.
