Japan's Kyocera is partnering with K.K. Gaia Power, Kyudenko and Century Tokyo Leasing on a 92MW solar energy plant spanning Kanoya City and Osaki Town in Kagoshima Prefecture.
Around 35 billion yen (US$290 million) in investment is planned for the project, with the aim to start construction between October 2015 and March 2016 and begin operations between April 2017 and March 2018.
The project will be located on a 200-hectare site stretching across Kanoya City and Osaki Town in Kagoshima Prefecture.
The site had been designated for a golf course more than 30 years ago but was subsequently abandoned. Defunct golf courses have become favoured among solar developers looking for suitable sites.
The solar project planning began in January 2014, after the local community expressed interest in using the site
The site will hold nearly 341,000 Kyocera solar modules and is expected to generate 99,230MWh per year, the equivalent of powering around 30,500 households.
Under the agreement, Kanoya Osaki Solar Hills will operate the site, and a joint venture established by Kyudenko and Gaia Power will undertake the design, construction and maintenance of the solar installation. Kyocera will supply the solar modules, and Century Tokyo Leasing will arrange financing.
The land development application for the project was submitted in April 2015, along with a year-long environmental impact assessment which has been completed.
The shareholders are:
- K.K. GAIA POWER: 72.7%
- Kyocera Corporation: 9.1%
- Kyudenko Corporation: 9.1%
- Century Tokyo Leasing Corporation: 9.1%