Canadian Solar brings online 100-MW solar park in Japan's Fukushima
- Canadian Solar Inc (NASDAQ: CSIQ) on Thursday announced it has achieved commercial operations at its 100-MWp Azuma Kofuji solar park in Japan's Fukushima Prefecture.
The photovoltaic (PV) modules supplier and solar project programmer will certainly market the plant's outcome to residential utility Tohoku Electric Power Company. The latter will certainly pay JPY 36 (USD 0.259/ EUR 0.249) per kWh under an over 18-year agreement authorized under Japan's feed-in-tariff programme.
Found at a 460-acre (186-ha) site, the solar farm was installed mostly on repurposed land that was formerly made use of for agricultural functions. It is powered by Canadian Solar's HiKu modules, attended create around 106,800 MWh of power annually, or enough to cover the usage of around 31,000 local homes.
Know with some JPY 24.5 billion in the red by Nomura Capital Investment Co, Azuma Kofuji is Canadian Solar's largest project in Japan. The company claimed it will certainly contribute part of its electrical energy revenues to Fukushima City to promote activities in the agricultural industry.
According to Canadian Solar, Azuma Kofuji is currently the biggest solar farm in Fukushima Prefecture. In Japan, the firm now has greater than 470 MWp of utility-scale projects in operation or incomplete, it said.