The loan from nine regional banks is arranged by the state-run Development Bank of Japan, whose vice president Shunsuke Motai confirmed the funding to Recharge.
Solar Frontier has announced a series of deals since the April opening of its flagship CIS thin-film solar cell plant in Miyazaki, south-west Japan.
It has opened an office in Saudi Arabia and signed a deal with Saudi Electricity to build a 500kW PV plant on the country’s Farasan Island.
Solar
