Pattern Energy Group and its affiliate in Japan, Green Power Investment Corporation (GPI), have completed financing and begun full construction of the 112 MW Ishikari Offshore Wind project located approximately three kilometers from the shore of the Ishikari Bay in Hokkaido, Japan. Ishikari Wind will also feature a battery storage component with 100 MW x […]
Japan Awards Only 26.2 MW Solar Capacity For FIP & FIT Under 13th Solar Auction Against 225 MW Offered – EQ Mag Pro
Japan’s 13th solar auction results show this round received lukewarm response from developers as only 26.2 MW capacity was awarded against 225 MW on offer Under FIP round 1 MW and larger, 10 bids with 14.322 MW were awarded for lowest winning bid of JPY 9.70 per kWh Under FIT round, for systems of 250 […]
Tesla quietly develops virtual power plant in Japan – EQ Mag Pro
Tesla is quietly developing a virtual power plant in Japan as it has revealed that since 2021, it has been quietly installing its Powerwall batteries at residences on the Japanese island of Miyako-jima. Till now, the company said it has installed over 300 units of Powerwall batteries and expects to install 100 more by year-end. […]
Solar Energy Market in Japan to record 505.27 TWh growth — Driven by high electricity demand – EQ Mag Pro
NEW YORK : The “Solar Energy Market in Japan by End-user and Application – Forecast and Analysis 2022-2026” report by Technavio expects the market size to grow by 505.28 terawatt-hours from 2021 to 2026, accelerating at a CAGR of 29.78% during the forecast period. The report provides a comprehensive analysis of recent developments, new product […]
Enfinity Global closes $242 million of long-term financing for three operational solar power plants in Japan – EQ Mag Pro
Tokyo (Japan) : Enfinity Global Inc, a leading renewable energy and sustainability services company, has secured $242M (¥29 billion) in long-term financing for three recently completed utility scale solar PV plants in Japan totaling 70 MW. The power plants are contracted for 18 years under the FIT program. Nomura, a global financial institution, acted as […]
ESR Partners With Enerbank To Provide Renewable Energy Certificates In Japan – EQ Mag Pro
First real asset manager to work with Enerbank to provide environmental value to customers/ tenants with the country’s authorised Green Energy Certificate system ESR’s self-generated solar power from its logistics facilities is now recognized as part of the power grid in Japan to support renewable energy consumption TOKYO : ESR Group Limited (“ESR” or the […]
Pacifico Energy wins more than half of Japan’s 129-MW solar tender – EQ Mag Pro
Japan has actually chosen 5 solar photovoltaic (PV) projects amounting to 128.94 MW in the most recent tender with Pacifico Energy KK winning over half of the designated capacity. Pacifico succeeded with a 76.8-MW project, using a tariff of JPY 9.86 (USD 0.073/ EUR 0.070) per kWh, the Asian renewables developer stated on Friday. Pacifico […]
Govt Discusses Future Export of Hydrogen with Japan, Germany and Others – EQ Mag Pro
Singh, who is also the minister for new and renewable energy, informed that India is aiming to produce 20 million tonne (MT) of green hydrogen by 2030 The government has held discussions with a number of countries, including Japan and Germany, for future exports of hydrogen from India, Union power minister R K Singh said […]
Olympus to Use 100% Renewable Electricity at R&D and Manufacturing Sites in Japan – EQ Mag Pro
Leads to 70% renewable energy use on a global level and marks significant progress towards achieving net zero carbon emissions by 2030 Tokyo, Japan: Olympus Corporation (“Olympus” – Director, Representative Executive Officer, President and CEO: Yasuo Takeuchi) announces that from April 2022, the company has begun to exclusively source 100% of the electricity used at […]
Maxeon Solar Technologies and Canadian Solar Announce Settlement Agreement Resolving Patent Infringement Lawsuit in Japan – EQ Mag Pro
SINGAPORE : Maxeon Solar Technologies, Ltd. (“Maxeon”) (NASDAQ:MAXN) and Canadian Solar Inc. (“Canadian Solar”) (NASDAQ: CSIQ) announced today that the companies have reached a settlement agreement resolving a patent infringement lawsuit in Tokyo District Court, Japan. The patent infringement lawsuit alleged Canadian Solar Japan infringed Maxeon’s Japan Patent No. JP6642841B2 (“Shingled Solar Cell Module”). Pursuant […]