Sojitz into Japan PV with 106MW

Trading firm Sojitz is jumping into Japan’s utility-scale solar industry for the first time by investing roughly ¥35bn ($363m) in 106MW of PV at four sites across the country.

The Tokyo-based conglomerate has not chosen a panel supplier, a spokesperson told Recharge, refuting Japanese media reports that South Korea’s LG Electronics will provide modules for all four projects.

Sojitz will start by overseeing development of a 9MW installation near Koshimizu, on the northern island of Hokkaido. It aims to complete the project by November 2014. 

In late 2016, it plans to finish building a 71MW plant in Rokkasho, Aomori prefecture. It will also oversee construction of two 13MW sites in Mihama, Aichi prefecture, and Nishikicho, Kumamoto prefecture, but did not reveal specific timelines.

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