Business

Kyocera to build 13.4-megawatt floating solar power plant near Tokyo

Kyodo

Japanese photovoltaic cell maker Kyocera Corp. said Monday it will build a 13.4-megawatt floating solar power plant in a joint venture at a dam in Chiba Prefecture.

The joint venture with Century Tokyo Leasing Corp. plans to start operation of the plant in March 2016 with about 50,000 solar power generation modules installed on the water surface of the Yamakura Dam in Ichihara.

All the electricity generated at the plant will be sold to Tokyo Electric Power Co. for an estimated ¥450 million a year.

The plant is expected to generate about 15,635 megawatts annually, which is equivalent to the amount consumed by 4,700 households each year, Kyocera said.

Kyocera said the facility will be one of the world’s largest floating solar power plants.

It plans to start operation of 30 floating solar power plants nationwide during fiscal 2015, which ends in March 2016.