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Marubeni to launch mega-solar power business in Oita City

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Marubeni Corp on Monday said it will launch a mega-solar power business by constructing a large scale solar power plant on 105,000 square meters of coastal industrial area owned by its subsidiary, Marubeni Ennex Corporation, Showa Denko KK and others.

Marubeni said it will create a new special purpose company and start plant construction from November this year. The commissioning and start of the power plant are scheduled after March 2014. The expected annual power generation will be 87,000,000kWh, corresponding to the annual electricity consumption of 30,000 ordinary houses.

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.

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