SPI Solar has said that it had acquired three PV power plant projects totalling around 19.8MW to be developed in Japan as part of bigger plans to grow its business in the country.
Without saying from who it had acquired the three projects, SPI Solar will start construction of a 1.975MW plant in Bando City, Ibaraki Prefecture in October 2014, with completion expected during the first quarter of 2015.
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A 16MW and a 1.8MW PV power plant are expected to start being developed in the fourth quarter of 2014, which will be financed and built by its newly established subsidiary, SPI Solar Japan GK.
