SoftBank and Invernergy team up to develop Japanese solar plants

SoftBank Energy has teamed up with the Japanese subsidiary of Chicago-based Invernergy for the joint development, financing, construction and operation of two solar power projects located in the Nagano and Fukushima prefectures of Japan.

The Queens Solar Farm in Fukushima will have the capacity to generate 10.5 MW of solar power, while the Koumi Kogen Solar Farm in Nagano will generate 10.4 MW of solar power once it is fully operational, the two companies said.

Hiroaki Fujii, executive deputy president of SB Energy said he was pleased to be cooperating with “Invenergy Japan, a company making a lot of progress with its knowledge of the renewable energy business globally.”

Jim Shield, chief commercial officer of Invenergy said the “deal marks our first major commercial transaction in Japan and we are pleased to be working with SB Energy”.

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