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Start of Commercial Operation and Opening Ceremony ofMega-SolarPower Plant in Itako City, Ibaraki

The fully owned subsidiary of Marubeni Corporation(“Marubeni”), Mibugawa Power Company(“Mibugawa”),held an opening ceremony today for a mega-solar power plant that commenced commercial operation from November2015 in Itako City, Ibaraki Prefecture.

 The plant was constructed onprivatelyowned land. The plant has a total capacity ofapproximately 2,400kW and isexpected to produce approximately 2.7million kWh per annum, corresponding to the annual electricity consumption of 750 ordinary houses. The generated power is sold under Japan’s feed-in-tariff scheme.

Marubeni and Mibugawa have capabilities in renewable energy development such asmega-solar and small hydro power plantsand theirmanagement. Utilizing itsexperience to constructthemega-solar power project in Iwaki City, Fukushimain November 2014, Mibugawaminimized the environmental impact of the plant by constructing it on a former pit sand extraction area and maintaining the natural shape of the land where possible.Mibugawa, utilizing more than 50 years of renewable energy power plant operational know-how in addition to its developmental and operational experience in mega-solar power projects, will conduct stable plant operation over the long term.

This project is the tenth mega-solar power project in16locations. Marubeni’s solar-power generation capacity now reachesapproximately 203MW. Marubeni is determined to further spread utilization of renewable energy to meet society’s demand for the reduction of environmental impact.

Source

Marubeni 2016

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