Hybrid Service, a Japanese supplier of toners for printing and LED lighting, has acquired land rights and feed-in tariff (FiT) approval for a 50MW solar power plant in Koriyama, Fukushima Prefecture.
The company’s newly formed subsidiary, Hybrid Energy, received an agreement for interconnection to the regional grid, owned and operated by Tohoku Electric Power, with electricity also to be sold to the utility. In addition, the project has also received accreditation from Japan’s Ministry of Economy, Trade and Industry (METI).
Annual output of the PV plant is expected to be 50,000MWh to 55,000MWh. Purchase price for the required 110 hectares of land was around ¥990 million (US$9.76 million). Hybrid Service began diversifying into residential solar systems in 2009 and commercial solar systems last year.
Koriyama is considered the unofficial commercial capital of the Fukushima region and sits a few miles outside the evacuation zone which was created in the wake of the 2011 nuclear accident which followed the earthquake and tsunami of 11 March.
The latest announcement follows a conference on community power which took place in Fukushima at which a goal aim of powering the area 100% from renewable energy sources by 2040 was made public. The Hybrid Service 50MW project is one of the largest announced for the region, along with a 26.2MW plant on a former golf course site by a subsidiary of steelmaker and heavy industrial corporation JFE Holdings.