to-the-point G Three purchases 1.7 MW PV project in Shizuoka
Jan 18, 2017 16:09 CET
January 18 – Japan’s information technology (IT) company G Three Holdings Corp announced today it had purchased a 1.7-MW solar power project from Prospect Co Ltd (TYO:3528).
G Three did not disclose the acquisition cost due to a confidentiality agreement with Prospect. The Nagaizumi Town Higashino Power Station, as the project is named, is sited in the Shizuoka prefecture. It should be commissioned at the start of March 2017.
The expected annual revenue from sale of electricity is approximately JPY 95 million (USD 837,023/EUR 784,810), G Three noted.
Earlier this week, the firm ordered 14 MW of solar modules from Solar Frontier KK for a PV project in Kagoshima prefecture.
(JPY 100 = USD 0.881/EUR 0.826)
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