Mitsubishi Corporation to Develop Mega Solar Projects in Iwaki, Fukushima
Onahama mega solar power plants will generate 18,000 kilowatts of power; help bolster recovery
Jan 28, 2013 (Menafn - M2 PRESSWIRE via COMTEX) --Mitsubishi Corporation (MC) is pleased to announce plans for the construction of a new solar power plant * in Iwaki City, Fukushima. The largest of its kind in the Tohoku region, the 12,000-kilowatt facility is expected to start operating from mid-2014. The project forms part of MC's overall strategic focus of developing its business in the renewable energies sector.
Known as one of the foremost industrial areas in the region and as well for being a major sightseeing area, Iwaki receives the highest amount of sunlight annually within Tohoku. MC is developing the mega solar project with full support from Nippon Kasei, as well as cooperation from the Fukushima Prefecture and Iwaki City governments. MC is simultaneously developing a 6,000-kilowatt mega solar project at the site of Onahama Petroleum Co., Ltd, a joint venture between MC and Tepco in Iwaki. Together, the two projects will constitute 18,000 kilowatts of solar power generation in total at Onahama.
MC will continue to cooperate with local governments and business partners to develop significant renewable energy businesses domestically along the lines of 'local energy production for local energy consumption'. This will help to raise Japan's energy self-sufficiency rate while at the same time nurture new industries, create employment and contribute to the overall revitalization of local communities. Projects of this nature also form a part of larger initiatives to combat global warming. Based on this policy, and including other planned mega solar power generation projects, MC is engaged in the production of some 130,000 kilowatts of power in total across the country, and is aiming to expand that capacity to 200,000 kilowatts by 2020.
* The solar plant will be located on the premises of the Onahama site, which is owned by Nippon Kasei Chemical Company Limited (Nippon Kasei), a joint investment company between MC and Mitsubishi Chemical Corporation.
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Outline of Mega Solar Project
(1) Project Implementing Agency : Onahama Solar LLC (Tentative) / Onahama Izumi Solar LLC (Tentative)
(2) Location : Iwaki City, Fukushima Prefecture,Nippon Kasei Chemical Company Limited, Site of Onahama Plant Site of Onahama Petroleum Co., Ltd
(3) Capacity : 12,000 kilowatts / 6,000 kilowatts
(4) Target Customer : Tohoku Electric Power Co., Inc.
(5) Area : 15ha / 9ha
(6) Scheduled Completion Date : August, 2014
Outline of Fukushima Prefecture
(1) Prefectural Capital : Fukushima City
(2) Number of Households : 720,000
(3) Population : 2,000,000
(4) Area : 13,782km
(5) Representative : Yuhei Sato, Governor
Outline of Iwaki City
(1) Number of Households : 128,000
(2) Population : 330,000
(3) Area : 1,231km
(4) Representative : Takao Watanabe, Mayor
Outline of Nippon Kasei Chemical Company Limited
(1) Head office : Across Shinkawa Bldg. 1-8-8 Shinkawa, Chuo-ku, Tokyo
(2) Date Established : September 1, 1937
(3) Capital : JPY 6,593 million
(4) Main Business Activities : Production and sales of industrial chemical products
(5) Sales : JPY 32.9 billion
(6) Number of Employees : 670
(7) Representative : Eisuke Nakamura, President
5. Outline of Onahama Petroleum Co., Ltd.
(1) Head office : 1-1, Ohtsurugi Shimokawa Izumi-Machi, Iwaki-City, Fukushima Prefecture
(2) Date Establishment : May 17, 1984
(3) Capital : JPY 5,000 million
(4) Main Business Activities : Sales, storage, receiving and discharging of Crude Oil & Petroleum Products as well as lease of land & oil storage facilities
(5) Number of Employees : 91
(6) Representative : Takayuki Komatsu, President
Telephone:81-3-3210-2171 / Facsimile:81-3-5252-7705
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