IN DEPTH: Solar Frontier on the march

Japanese module maker Solar Frontier is seeking approval for more than 10 solar plants this month, backed by financing from its new investment vehicle with the Development Bank of Japan (DBJ).

The co-operation with DBJ, unveiled last month, is targeting development of around 100MW of projects annually for the next three years, focusing particularly on small solar plants that cannot get traditional project finance from commercial banks.

The move will see Solar Frontier, a manufacturer owned by oil major Showa Shell, become an increasingly active power producer in the rapidly growing Japanese market.

“This kind of model is common in the Europe and the US, where a module maker does downstream IPP (independent power producer) business and then divests the Log in to read complete article.

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