ITOCHU Announces Completion of Saga-Ouchi Solar Power Plant
April 24, 2018
ITOCHU Corporation (headquartered in Minato-ku, Tokyo; Yoshihisa Suzuki, President & COO; hereinafter “ITOCHU”) announced today that Saga-Ouchi Solar Co., Ltd., an operating company co-established by ITOCHU and Kyudenko Corporation (Matsuji Nishimura, President; hereinafter “Kyudenko”), held the inauguration ceremony for the Saga-Ouchi Solar Power Plant in Karatsu-shi, Saga.
The power station, which is the largest solar power plant in Saga, will conduct power generation business featuring generation capacity of approximately 17,000 kilowatts. With the construction work completed as initially scheduled, the plant commenced commercial operations in April 2018. The power expected to be generated per year amounts to nearly 24,000,000 kilowatts per hour, equivalent to the amount of electricity consumed by about 4,200 ordinary households annually. As a result, carbon dioxide will be reduced by as much as approximately 11,000 tons every year.
ITOCHU and Kyudenko will continue to proactively promote the renewable energy power generation business globally, so as to contribute to the establishment of a recycling-oriented society while taking into account environmental conservation issues such as the prevention of global warming.
[Reference] Press release dated January 15, 2016 on the website of ITOCHU
“ITOCHU Announces Plan for Mega Solar Business Operated Through Saga-Ouchi Solar Power Station”
Outline of the business
|Operator||Saga-Ouchi Solar Co., Ltd|
|Ownership||50% by ITOCHU Corporation and 50% by Kyudenko Corporation|
|Financing bank||The Bank of Fukuoka, Ltd. (project financing)|
|Location||Ouchi-cho, Karatsu-shi, Saga|
|Power generation capacity||Approx. 21,000 KW (DC), Approx. 17,000KW (AC)|
|Land area||Approx. 320,000 square meters|
|Number of panels||75,144 pcs|
|Construction company||Kyudenko Corporation|
|Period of business||Electricity will continue to be sold to Kyushu Electric Co., Ltd for 20 years.|