By Editors of Power Engineering
Canadian company Etrion Corp. announced it has completed full commercial operation of the 24.7-MW Shizukuishi solar plant at the Iwate Prefecture of northern Japan.
Etrion and its partner, Hitachi High-Technologies Corp., delivered the project on-time and on-budget.
The Shizukuishi solar project is selling electricity to Tohoku Electric Power Co. Ltd. under a 20-year fixed-price take-or-pay power purchase agreement.
The solar park is expected to produce approximately 25.6 GWh of solar electricity per year, enough to supply electricity to approximately 7,300 households. Etrion owns 87% of the project, and HHT owns the remaining equity interest.
Shizukuishi is the second solar project successfully developed, built, financed, owned and operated by Etrion in cooperation with HHT and SMTB. In June of this year, Etrion announced the financial close of a third solar project, the 9.5-MW Aomori, which is now under construction.