Enfinity Global secures US$195 million for 70MW solar PV plant in Japan

Facebook
Twitter
LinkedIn
Reddit
Email
The project, pictured above, is located in the northern Japanese prefecture of Aomori and has recently been completed. Image: Enfinity Global.

US independent power producer (IPP) Enfinity Global has secured a US$195 million long-term financing for a 70MW solar PV plant in Japan.

Located in the northern prefecture of Aomori, the recently completed project is expected to produce over 75GWh of electricity per year.

This article requires Premium SubscriptionBasic (FREE) Subscription

Unlock unlimited access for 12 whole months of distinctive global analysis

Photovoltaics International is now included.

  • Regular insight and analysis of the industry’s biggest developments
  • In-depth interviews with the industry’s leading figures
  • Unlimited digital access to the PV Tech Power journal catalogue
  • Unlimited digital access to the Photovoltaics International journal catalogue
  • Access to more than 1,000 technical papers
  • Discounts on Solar Media’s portfolio of events, in-person and virtual

Or continue reading this article for free

The plant, pictured above, uses bifacial solar panels and is part of a 250MW PV portfolio from the IPP in Japan.

Global financial institution Nomura Securities International acted as the initial lead arranger/sole bookrunner, while Japanese commercial bank Aozora Bank acted as lead arranger/agent.

Carlos Domenech, CEO of Enfinity Global, said: “Japan is at an inflection point where clean energy has become a competitive necessity”.

In its home country, the IPP recently sold a 40% stake in a 400MW solar PV portfolio to Japanese utility Kyushu Electric. The portfolio consists of 28 operational projects located in the US states of California, North Carolina and Idaho.

Enfinity Global currently has a portfolio of 21.6GW of renewable projects in different phases of development, of which nearly 1GW is operational and 9.1GW is for energy storage. Aside from Japan and the US, the IPP is also present in India, Italy, the UK and Spain, the last two countries for storage development only.

Read Next

June 27, 2025
Japanese power company Jera has formed a joint venture (JV), MUJI Energy, with Japanese retailer Ryohin Keikaku to develop solar PV projects.
June 24, 2025
Independent power producer (IPP) Recurrent Energy has secured €61.5 million (US$71.4 million) in financing for its Italian renewables portfolio.
June 17, 2025
Blue Elephant Energy has received a €200 million (US$214 million) investment from European asset management company Infranity.
June 16, 2025
US solar residential installer Sunnova has received court approval for a US$90 million debtor-in-possession financing agreement.
June 12, 2025
Earthrise Energy has secured US$630 million for its 270MWac solar project in Gibson City Solar, Illinois.
June 6, 2025
rPlus Energies has secured more than US$500 million for an 800MW solar-plus-storage project in Emery County, Utah, US.  

Subscribe to Newsletter

Upcoming Events

Upcoming Webinars
June 30, 2025
10am PST / 6pm BST
Solar Media Events
July 1, 2025
London, UK
Solar Media Events
July 1, 2025
London, UK
Media Partners, Solar Media Events
July 2, 2025
Bangkok, Thailand
Media Partners, Solar Media Events
September 2, 2025
Mexico City, Mexico