Mitsubishi mulls 77MW of Japan PV

Japan’s Mitsubishi may build a 77MW solar power plant near Nagoya with C-Tech, a subsidiary of utility Chubu Electric Power.

The project, which will come online in January 2015, will be backed by 20bn yen ($226m) in investment, with Mitsubishi taking a majority stake, says newspaper The Nikkei.

"The project in question is yet to be finalised and as such we are not in a position to provide any details at this point," a Mitsubishi spokesman tells Recharge.

It may be the last industrial-scale project to be announced in the market before the government reviews feed-in tariffs for solar energy in April.

Analysts and industry insiders expect the current rates of 42…

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