Earlier this year, Pattern Development, parent company of US-based renewables yieldco Pattern Energy, acquired a majority stake in Tokyo-based GPI.
The 42MW Futtsu project is already under construction in Chiba prefecture, and is slated to reach commercial operations in January 2016. The output will be sold via a 20-year PPA with Tokyo Electric Power Company.
Kyocera Solar Corporation of Japan is supplying the PV modules.
GPI
