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Sojitz Corporation Advances into Mega Solar Business at 4 domestic locations

-106MW Generating at Rokkasho-mura and Other Location-

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Aug. 9, 2013
Sojitz Corporation

Sojitz Corporation plans to advance into the mega solar business with photovoltaic panels with a capacity of 106MW at four locations, Rokkasho-mura (Kamikita-gun, Aomori Prefecture) as well as Shari-gun (Hokkaido), Chita-gun (Aichi Prefecture) and Kuma-gun (Kumamoto Prefecture) with a total project cost of approximately 35 billion yen. Funding will be procured through project finance for each project and operating units for each project, wholly owned by the company, will be set up for their management.

The facility to be constructed at the Mutsu-Ogawara Industrial Park owned by Shin-Mutsu-Ogawara Inc. in Rokkasho-mura will be a power plant with a capacity of 71MW through the installation of about 270,000 photovoltaic cell modules, sufficient to supply electrical power annually to about 19,000 households. Construction is set to start in April 2014 with operations expected to start by the end of 2016. All of the power generated will be sold to Tohoku Electric Power Co., Inc.

Sojitz is developing solar generating operations (total generating capacity 24MW) in Germany. With the addition of its domestic mega solar business, the company aims to develop an infrastructure for renewable energy generating operations and is accumulating expertise for operation development and management.

Using its business infrastructure and expertise, the company intends to actively promote renewable energy generating business both in Japan and abroad.

Outline of Electric Power Plants

Rokkasho-mura Power Plant (Aomori Prefecture)

(1) Company name Mirai Soden Kamikita Rokkasho Corporation
(2) Plant name Kamikita Rokkasho Photovoltaic Power Plant
(3) Location Mutsu Ogawara Industrial Park, Rokkasho-mura,
Kamikita-gun, Aomori Prefecture
(4) Capacity 71MW
(5) Completion target End 2016

Shari-gun Power Plant (Hokkaido)

(1) Company name Mirai Soden Shari Koshimizu Corporation
(2) Plant name Koshimizu Photovoltaic Power Plant
(3) Location Koshimizucho, Shari-gun, Hokkaido
(4) Capacity Approx. 9MW
(5) Completion target November 2014

Chita-gun Power Plant (Aichi Prefecture)

(1) Company name Mirai Soden Chita-Mihama Corporation
(2) Location Mihama-cho, Chita-gun, Aichi Prefecture
(3) Capacity Approx. 13MW

Kuma-gun Power Plant (Kummoto Prefecture)

(1) Company name Mirai Soden Kuma Nishiki-cho Corporation
(2) Location Nishiki-cho, Kuma-gun, Kumamoto Prefecture
(3) Capacity Approx. 13MW

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