The Tokyo-based firm will build rooftop and utility-scale projects, primarily in Niigata, Nara and Yamaguchi prefectures, The Nikkei newspaper reported, without identifying its sources.

The planned investment will bring the company’s total installed PV capacity to roughly 900MW within the next two years, Bloomberg reported, citing company sources. 

Orix has rapidly moved into renewable-energy project investment since the introduction of Japan’s feed-in tariff (FIT) system in July 2012.