JRE, SMFL to jointly invest in 200-MW Japanese solar portfolio

Solar park in Japan. Author: Minoru Karamatsu. License: Creative Commons.

February 4 (Renewables Now) - Japan Renewable Energy (JRE) announced today it has entered into an agreement with SMFL MIRAI Partners Co Ltd to jointly invest in roughly 196.5 MW of solar plants in Japan.

The deal concerns three photovoltaic (PV) plants currently under construction in Kumamoto and Kagoshima prefectures. Together, these assets will be capable of generating some 235.7 million kWh per year, enough to meet the power demand of about 53,600 homes.

The plants are seen to be commissioned in 2022 and 2023.

More details on the PV plants are available in the table below.

Plant Capacity Operation stat Location
JRE Yamato Takamori Solar Power Plant 79.95 MW August 2022 Kumamoto
JRE Aso Takamori Solar Power Plant 62.52 MW August 2022 Kumamoto
JRE Satsuma Solar Power Plant 54 MW January 2023 Kagoshima

SMFL MIRAI Partners is a wholly-owned subsidiary of Sumitomo Mitsui Finance & Leasing Co Ltd.

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Lucas is based in Brazil. He joined Renewables Now to expand coverage of the Ibero-American market, a highly attractive destination for green energy investment.

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