Trade Resources Industry Views Giga Solar Materials Announced The Investment of JPY5.0 Billion to Set up PV Power Station

Giga Solar Materials Announced The Investment of JPY5.0 Billion to Set up PV Power Station

Giga Solar Materials, a Taiwan-based PV conductive paste maker, on August 29 announced the investment of JPY5.0 billion (US$51.0 million) to establish a ground-mounted PV power-generating station with an annual capacity of 17MWp in Fukushima Prefecture, northeastern Japan, with completion scheduled for the end of 2014. The investment will be made through its Japan-based subsidiary.

Giga Solar on August 29 signed with Japan-based Tsuboi to establish the PV station, Giga Solar indicated. The station will generate an estimated 20 million kWh a year for use by about 5,000 local households. The power will be sold at a feed-in tariff of JPY42/kWh for 20 years, Giga Solar said.

Giga Solar will supply PV conductive pastes to make solar cells for the station, the company indicated.

Source: http://www.digitimes.com/news/a20130830PM200.html
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Giga Solar Materials to Set up Pv Power Station in Japan
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