TOYO Awarded Large-scale Photovoltaic Power Plant Project in JapanJun. 9, 2014

Toyo Engineering Corporation (TOYO, President and CEO Katsumoto Ishibashi) has been awarded a large-scale photovoltaic power plant project planned in Okayama Prefecture, Japan by Pacifico Energy K.K. (President, Kazuomi Kaneto) The plant will have a power generating capacity of approximately 32 MW and is scheduled for completion in March 2016. The power generated will be sold to the Chugoku Electric Power Co., Inc.

Photovoltaic power generation, a system that produces renewable energy, is expected to play an increasingly important role from global environment conservation viewpoint. TOYO will continue to work on photovoltaic power plant projects as part of its infrastructure business.

Contract Summary

Client Pacifico Energy Kumenan G.K.
(Special purpose company invested by GE Group and Jamieson Group)
Contractor Toyo Engineering Corporation
Site Kumenan city, Kume-gun, Okayama Prefecture, Japan
Facilities Photovoltaic power generation plant (32.256 MW)
Scope Engineering, procurement of equipment and materials, construction and commissioning
Completion March 2016
Contract amount Approximately 9 billion yen
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