According to a report from Bloomberg BusinessWeek, Eurus Energy Holdings is considering the possibility of building a 40MW capacity solar power plant in western Japan. Land owners in Awaji city, Hyogo prefecture, have agreed with company officials to study the prospect of a solar project in the region.
If the company decides to build the plant, it aims to begin operation by March 2014 with plans to sell all of the electricity produced to Kansai Electric Power. Eurus noted that construction of the plant may be subject to the government implementation of a FiT program, which is supposed to start in July. Rates for the FiT have not yet been announced as the state-appointed panel is still deliberating over prices.
Bloomberg noted that the Awaji plant will be the first domestic solar power plant developed by Eurus. The company, a venture between Toyota Tsusho and Tokyo Electric, operates wind farms in and outside Japan with a capacity of 2GW.