Goldman will take on projects with partners via JapanRenewable Energy (JRE) – a wholly-owned renewables development unit it set uplast August.
JRE will start by investing ¥13bn to develop a 40MW utility-scale PV plant inIbaraki Prefecture, northeast of Tokyo.
Construction will begin in Juneon a 50-hectare plot of land in the city of Mito, JRE said in aJapanese-language statement.
The plant will come onlinein January 2015, a Goldman spokesperson tells Recharge, and is expectedto generate enough electricity for 12,000 homes.
