Sumitomo Corporation, Japan’s leading general trading company, is implementing a 60MW solar PV project in Minamisoma, Fukushima, at a ¥22 billion (US$ 201 million) investment.
Another large-scale solar PV plant has been completed on a former golf course in Japan, a 51MW project built by financial services company Orix Corporation.
Sharp Corporation’s energy solutions business, which includes its activities in solar, will continue to operate as a brand in its own right, following the sale of a majority share in the group by Foxconn.
State Grid Corporation of China, Korea’s main utility, one of Japan’s biggest renewables developers and Russia’s grid operator have formally indicated their interest in building a massive interconnected grid across Asia.
Equipment manufacturer Foxconn has acquired a 66% stake in Sharp at a reduced price, with the two parties set to hold a press conference this Saturday, 2 April.
Tokyo-based egg producer ISE Group, French energy company Total and SunPower Corporation, have started construction of a 27MW solar PV plant at Nanao, Ishikawa Prefecture, on Honshu Island in Japan.