Juwi Shizen Energy Inc (Bunkyo-ku, Tokyo) and Trina Solar Japan Energy Co Ltd (Minato-ku, Tokyo) announced Oct 23, 2018, that they have jointly received an order for EPC (engineering, procurement and construction) services for a 28.8MW solar power plant.
The mega (large-scale) solar power plant, "Osato Solar Park," is being built in Osato-cho, Miyagi Prefecture, Japan. It is scheduled to start operation in the summer of 2019. Trina Solar Japan Energy is a wholly-owned subsidiary of Trina Solar Ltd, a major solar panel manufacturer based in China.
For the construction of the plant, about 336,000m2 of forestland will be developed. The plant is expected to generate 30,950,000kWh of electricity, which is equivalent to the amount consumed by 10,400 households, per year.
All the electricity generated at the plant will be sold to Tohoku-Electric Power Co Inc based on the feed-in tariff (FIT) scheme. The solar panel and PV inverter employed for the plant are products of Trina Solar and Toshiba Mitsubishi-Electric Industrial Systems Corp (TMEIC), respectively.
The power producer of the plant is a special purpose company (SPC) sponsored by Banpu Power Public Co Ltd, a wholly-owned subsidiary of Banpu Public Co Ltd (Thailand-based energy company). For fundraising, a loan syndicate (arranger: Sumitomo Mitsui Banking Corp) structures a non-recourse project finance loan that also covers the construction period.
Trina Solar Japan Energy is responsible for project development and construction management while Juwi Shizen Energy is responsible for construction. And they jointly provide engineering and procurement services for the plant. Also, Juwi Shizen Energy, Juwi Shizen Energy Operation Inc and Trina Solar Japan Energy jointly provide O&M (operation and maintenance) services for the plant.
Juwi Shizen Energy has so far constructed 55 solar power plants (total output: about 170MW) including five mega solar plants with an output of several tens of megawatts. Also, the company is currently dealing with multiple construction projects with a total output of 200MW. The latest project is the second project that Juwi Shizen Energy and Trina Solar Japan Energy have jointly dealt with.