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January 12, 2022

Japan Brownfield Solar Project 3, Japan

By Carmen

Japan Brownfield Solar Project 3 is a 60MW solar PV power project. It is planned in Mie, Japan. The project is currently in permitting stage. It will be developed in single phase. Post completion of the construction, the project is expected to get commissioned in 2022.

Project Type Total Capacity (MW) Active Capacity (MW) Pipeline Capacity (MW) Project Status Project Location Project Developer
Solar PV 60 60 Permitting Mie, Japan Etrion; Ziva Energy

Description

The project is being developed by Etrion and Ziva Energy. The project is currently owned by Ziva Energy.

Japan Brownfield Solar Project 3 is a ground-mounted solar project.

The project cost is expected to be around $106.8m.

Development Status

Post completion of the construction, the project is expected to get commissioned in 2022.

Power Purchase Agreement

The power generated from the project will be sold to Chubu Electric Power under a power purchase agreement. The power will be sold at the rate of $0.319kWh for a period of 20 years. The capacity to be procured is 60MW.

About Etrion

Etrion Corp (Etrion), formerly PetroFalcon Corp, is a solar energy development company. The company produce power and builds, owns and operates utility-scale solar power generation plants. It develops greenfield solar power projects in Japan and Chile. Etrion owns and operates 57 MW of solar capacity in Japan. The company also operates various projects in the backlog and pipeline at different stages of development in Japan. Etrion partners with Mitsubishi UFJ Morgan Stanley Securities Co., Ltd for the sale of soalr assets. It operates solar projects in Mito, Shizukuishi, Misawa, Komatsu and Nigata in Japan. Etrion is headquartered in Geneva, Switzerland.

About Ziva Energy

Ziva Energy is Engaged into renewable energy power generation business such as solar power, wind power, hydropower, geothermal power, and biomass. The company 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.

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