Geneva-based Etrion has signed an agreement with Japan's Hitachi High Technologies to install and operate 100 megawatts of solar power in Japan, Bloomberg reported. Japan plans on reducing its dependence on nuclear power and increasing its renewable energy use by up to 35 percent by 2030, an almost 25 percent increase from 2011 levels.
The government of Japan previously set a target to have a solar capacity of 28 gigawatts by 2020, Energy Matters reported. The nation has over 15 GW of installed photovoltaic solar capacity so far and hopes to boost this number by providing tax breaks for development of utility-scale solar projects.
"We are extending the range of our partners to position Etrion as a global platform for growth, according to a statement by Etrion CEO Marco Northland. "Etrion is honoured to partner with Hitachi Hi-Tech and sees this as a key relationship for success in Japan and other Asian markets."
Construction of the first solar project as part of the agreement between Etrion and Hitachi will start this year, according to Bloomberg.