Etrion Niigata Solar PV Park is a 45MW solar PV power project. It is located in Niigata, Japan. According to GlobalData, who tracks and profiles over 170,000 power plants worldwide, the project is currently active. It has been developed in a single phase. The project construction commenced in 2021 and subsequently entered into commercial operation in December 2021. Buy the profile here.

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Description

The project was developed by Etrion and Renewable Japan. Renewable Japan and The Dai-ichi Life Insurance are currently owning the project having ownership stake of 51% and 49% respectively.

Etrion Niigata Solar PV Park is a ground-mounted solar project which is spread over an area of 75.7 hectares.

The project generates 47,000MWh electricity and supplies enough clean energy to power 15,700 households.

Development status

The project construction commenced in 2021 and subsequently entered into commercial operation in December 2021.

Power purchase agreement

The power generated from the project is sold to Tohoku Electric Power under a power purchase agreement. The power is sold at the rate of $0.332kWh for a period of 18.00 years, starting from 2021.

Contractors involved

Toyo Engineering was selected to render engineering procurement construction services for the solar PV power project.

JinkoSolar Holding was selected as the supplier of PV modules for the project.

Toshiba Mitsubishi-Electric Industrial Systems is the O&M contractor for the solar PV power project, commencing from the year 2021.

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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 solar assets. It operates solar projects in Mito, Shizukuishi, Misawa, Komatsu and Nigata in Japan. Etrion is headquartered in Geneva, Switzerland.

About Renewable Japan

Renewable Japan Co., Ltd. engages in solar and wind power, small hydro power, equipment import, consulting, and fund management businesses.

This content was updated on 4 January 2024

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This information is drawn from GlobalData’s Power Intelligence Center, which provides detailed profiles of over 170,000 active, planned and under construction power plants worldwide from announcement through to operation across all technologies and countries worldwide.