GE Energy Financial Services and Virginia Solar Group, an affiliate of California-based oil and gas/real estate enterprise Jamieson Group, have commissioned their jointly owned 42 MW Mimasaka Musashi solar project, which is located in the Okayama prefecture of Japan.
Tokyo-based Toyo Engineering Corp. carried out engineering, procurement and construction on the project, and Yingli Green Energy and TMEIC, a Toshiba and Mitsubishi joint venture, supplied the photovoltaic panels and inverters. Located on a former golf course, the Mimasaka Musashi solar project sells its power to utility Chugoku Electric Power Co. under a 20-year power purchase agreement at a fixed tariff.
Mimasaka Musashi is one of three solar power projects in Japan jointly owned by GE Energy Financial Services and Virginia Solar Group. Its commissioning follows the completion of the 32 MW Kumenan solar project, which began commercial operation in March and is also located in Okayama.
Sushil Verma, managing director and head of Asia Pacific at GE Energy Financial Services, said, “We are pleased to see another project investment come to completion and continue to deliver clean energy in support of Japan’s renewable energy goals.”
According to the companies, the project helps to achieve Mimasaka’s goal of converting itself into a zero-emission city and contributes to the end objective of Japan having 20% of its power generated from renewable sources. GE Energy Financial Services and Virginia Solar Group have also invested in a third project in Japan; the 96 MW Hosoe project is currently under construction and scheduled to be operating in the first half of 2018.