Photovolt Ukushima Solar PV Park is a 480MW solar PV power project. It is planned in Nagasaki, 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 July 2023.
| Project Type | Total Capacity (MW) | Active Capacity (MW) | Pipeline Capacity (MW) | Project Status | Project Location | Project Developer | Solar PV | 480 | – | 480 | Permitting | Nagasaki, Japan | Furukawa Electric; Kyocera; Kyudenko; Photovolt Development Partners; SPCG Public; Tokyo Century |
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Description
The project is being developed by Furukawa Electric, Kyocera, Kyudenko, Photovolt Development Partners, SPCG Public and Tokyo Century. The project is currently owned by SPCG Public with a stake of 17.92%, Furukawa Electric, Kyocera, Kyudenko, Mizuho Bank and Tokyo Century.
Photovolt Ukushima Solar PV Park is a ground-mounted solar project which is planned over 810 hectares.
The project is expected to generate 515,000MWh electricity and supply enough clean energy to power 173,000 households. The project is expected to offset 274,750t of carbon dioxide emissions (CO2) a year. The project cost is expected to be around $1,800m.
200 inverters are likely to get installed at the project site.
Development Status
Post completion of the construction, the project is expected to get commissioned in July 2023.
Power Purchase Agreement
The power generated from the project will be sold to Kyushu Electric Power under a power purchase agreement. The offtake capacity is expected to be 400MW.
Contractors Involved
Kyudenko is expected to render EPC services for the solar PV power project.
Kyocera TCL Solar will be the supplier of the PV modules for the solar power project. The company is expected to provide 1,650,000 modules each with 250W of nameplate capacity.
Kyudenko is expected to perform operations and maintenance for the solar PV power project.
About Furukawa Electric
Furukawa Electric Co Ltd (Furukawa) produces telecommunication, industrial and automotive products, and equipment. The major products include optical fiber cables, metal communication cables, semiconductor optical devices, electronic appliance wires, optical components, network equipment, optical fiber cable accessories and installations, CATV system, and radio products. It also offers aluminum wires and copper wires, power transmission cable, automotive components and wiring harness, magnet wires and aluminum plates. The company develops its products in the business fields of telecommunications, energy, automobiles, electrical parts and components and construction and architecture. Furukawa’s services include Logistics, Real Estate Leasing, Hydroelectric Power Generation, and Research & Development of New Products. The company has its presence across the Japan, East Asia, Europe, Russia, North America and Latin America. Furukawa is headquartered in Chiyoda-ku, Tokyo, Japan.
About Kyocera
Kyocera Corp (Kyocera) is a provider of electronic equipment and components. The company’s product portfolio includes ceramic components, semiconductor parts, mobile phones, electronic devices, telecommunications and information equipment, and others. Its products find application in various fields including environmental protection, energy generation, telecommunications and information processing. Kyocera serves individuals, corporations, governments and governmental agencies. The company operates R&D facilities in Japan and the US, and manufacturing facilities in Japan, Poland, France, India, China, Thailand, Malaysia, Vietnam, and the US, among others. It has presence business presence in the Americas, Asia-Pacific, Europe, the Middle East, and Africa. Kyocera is headquartered in Fushimi-ku, Kyoto, Japan.
About Kyudenko
Kyudenko Corp (Kyudenko), a subsidiary Kyushu Electric Power Company Inc, is a construction company that carries out the design and administration of electrical facilities. The company offers electrical installation facilities to buildings, factories, schools, and hospitals. It offers services like heating, ventilation, and air conditioning facilities; power distribution facilities such as power poles, overhead and underground distribution lines, lines to the home, and electric power meters. Kyudenko carries out providing infrastructure development facilities such as a community drainage system, water supply, and sewerage, waste water treatment, and total energy management system. The company offers installation of information and telecommunication instruments in factories and buildings, cable television, and base stations for mobile communications, and installation of local area network, solar power and wind power generation. The company operates in Japan, Taiwan, Malaysia, Vietnam, Thailand and Singapore. Kyudenko is headquartered in Fukuoka, Japan.
About SPCG Public
SPCG Public Co Ltd (SPCG), formerly Steel Intertech Public Co Ltd is a solar energy company. The company’s activities include engineering, procurement, construction, operation, maintenance, and monitoring of solar farms. It develops solar roof for residence, small building and medium-large building. It also involved in production and distribution of electricity from solar energy. SPCG provides manufacturing, distribution and installation services for steel and metal roofing sheets. The company manufactures smart grid systems; and high voltage electricity products such as high voltage cubicles and main distribution boards, which can be used in solar farms and other projects. It also leases solar roof and energy saving systems for companies and factories. The company has its operations across Thailand. SPCG is headquartered in Bangkok, Thailand.
About Tokyo Century
Tokyo Century Corp (Tokyo Century) is a leasing company. The company carries out the business of installment sales, leasing, and other financial services. It offers services such as operating lease, finance lease, automobile leasing, real estate financing, ship financing, aviation financing, and account receivable financing and securitization. Tokyo Century also offers specialty financing services including solar power generation financing and aviation financing. It provides its services for industrial equipment; IT related equipment and other machinery and facilities. The company has its operations spread across various regions of East Asia, North and South America and Europe regions. Tokyo Century 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.
