Marubeni plans 49MW Japan PV

Japan’s Marubeni plans to develop a 49MW PV project on reclaimed land near the city of Nagoya, at a cost of ¥‎16bn ($162m).

Sachiko Matsushita, a spokesperson for the conglomerate, tells Recharge that a newly-formed subsidiary, which has yet to be named, will run the plant when it begins operations in January 2015.

Construction will start in July on a 79-hectare plot in Kisosaki, Mie Prefecture.

The company has yet to decide on a panel supplier, Matsushita adds.

The electricity will be fed into the local grid under Japan’s feed-in tariff (FIT) system.

Marubeni is also developing an 82MW PV plant in Oita Prefecture, among other solar projects. Matsushita says the Oita installation will become operational from next March.