Obton, GSSG Solar JV acquires 117-MW solar portfolio in Japan

• Danish investor Obton and GSSG Solar team up again to acquire 117-MW solar portfolio in Japan, powering over 30,000 households with clean energy.

Danish investor Obton has partnered with GSSG Solar LLC to purchase a 117-MW solar portfolio in Japan, including eight operational parks with a total capacity of 104 MW and one 13-MW project under development. The solar farms were commissioned between 2017 and 2022 and are expected to generate enough clean electricity for over 30,000 Japanese households.

This joint venture marks Obton's second collaboration with GSSG Solar, following the acquisition of an 82-MW solar plant in Fukushima, Japan. The move reflects the growing interest in renewable energy investments in Japan and the potential for further expansion in the country's solar market.

What is the significance of Obton's partnership with GSSG Solar in Japan's solar market?

• The partnership between Obton and GSSG Solar in Japan's solar market signifies a continued commitment to investing in renewable energy projects in the country.
  
• The acquisition of a 117-MW solar portfolio, including both operational parks and a project under development, demonstrates a significant investment in clean energy generation in Japan.
  
• The collaboration between Obton and GSSG Solar highlights the potential for further growth and expansion in Japan's solar market, as the country aims to increase its renewable energy capacity.
  
• This joint venture builds on Obton's previous successful collaboration with GSSG Solar in acquiring an 82-MW solar plant in Fukushima, showcasing a track record of successful partnerships in the Japanese renewable energy sector.
• The solar farms acquired through this partnership are expected to generate enough clean electricity to power over 30,000 Japanese households, contributing to the country's efforts to transition towards a more sustainable energy future.