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January 27, 2022

Gestamp – Daigo Solar PV Park, Japan

By Carmen

Gestamp – Daigo Solar PV Park is a 31.6MW solar PV power project. It is located in Ibaraki, Japan. The project is currently active. It has been developed in single phase. Post completion of construction, the project got commissioned in September 2015.

Project Type Total Capacity (MW) Active Capacity (MW) Pipeline Capacity (MW) Project Status Project Location Project Developer
Solar PV 31.6 31.6 Active Ibaraki, Japan X-ELIO Energy

Description

The project is developed and owned by X-ELIO Energy.

Gestamp – Daigo Solar PV Park is a ground-mounted solar project which is spread over an area of 40 hectares.

The project generates 37,000MWh electricity and supplies enough clean energy to power 10,000 households. The project cost is $70.172m.

Development Status

The project got commissioned in September 2015.

Power Purchase Agreement

The power generated from the project is sold to Tokyo Electric Power Co Holdings under a power purchase agreement.

Contractors Involved

Maetel was selected to render EPC services for the solar PV power project.

Yingli Green Energy Holding was selected as the supplier of the PV modules for the project. The company installed 126,408 modules at the site.

About X-ELIO Energy

X-ELIO Energy SL (X-ELIO), formerly Gestamp Solar, is a renewable energy company. The company constructs, design, develops, installs, finances and operates solar photovoltaic plants. It offers services such as site selection, feasibility studies, project definitions, construction, transport and assembly, negotiations and project legalization. X-ELIO also provides monitoring, operation and maintenance, project design and investment analysis services. The company is owned by Brookfield Renewable Partners LP and KKR & Co Inc. It has operational presence across the Americas, Africa, the Middle East, Asia Pacific and Europe. X-ELIO is headquartered in Madrid, Spain.

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.

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