business

Marubeni to enter mega-solar power business

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Marubeni Corp will enter the mega-solar power market by constructing a large-scale solar power plant at the coastal industrial area of Oita No. 6 owned by its subsidiary, Marubeni Ennex Corp, Showa Denko KK and others.

The facility, with a targeted total capacity of 81.5MW - corresponding to the annual electricity consumption of 30,000 ordinary houses - will be the largest power business at one single place in Japan.

In line with this, Marubeni said it will create a new special purpose company and start plant construction this month. The commissioning and start of power plant operations are scheduled after March 2014.

The generated power will be sold to Kyushu Electric Power Co over 20 years. This business will be significantly useful to the risk evaluation on future mega-solar power business by collecting data on plant operation, maintenance and troubles, as well as to effective utilization of long unused idle land.

© JCN Newswire

©2024 GPlusMedia Inc.

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81.5MW capacity means this place will end up using almost 300 GWh to produce. Where the hell are they going to get that energy if all the businesses have been asked to reduce consumption? Only option is chinese panels, which are horrible for the japanese economy.

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Interestingly enough, Marubeni Corp is mostly known for coal and oil ventures that involve shady practices. They've already been caught red handed issuing out millions in bribes, so how many bribes were given out for this venture?

And Showa Denko might actually be the bigger threat to the wellbeing of people in the area. They are the ones responsible for the Niigata Minomata disease which severely injured 700 people, as well as the l-tryptophan contamination that caused illness in 60000 people, permanent disability in 1500 people, and killed 37.

Do we really need these two horrible companies making chinese solar panel arrays?

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