December 19, 2017 Read More →

Japan’s ‘Energy Upgrade’ Leads Company to Open Another Solar Plant

Unisun Energy Group:

Unisun Energy Group announced that the 500KW photovoltaic project in Chiba Prefecture, Japan, to be constructed by its branch Unisun Japan, has obtained a non-recourse project finance with low-interest from the Hyakujushi Bank, Ltd., Japan. It is reported to be the third PV project of Unisun Japan that has successfully received financial support from local banks.

The renewable energy projects developed by Unisun in Japan have played a significant role in promoting the energy upgrade in the country. In virtue of its world leading PV technologies and talents originating from Germany, high-level energy solutions, expertise in project development and construction, and social responsibility demonstrated during social energy transformation, Unisun won the active responses from the Japanese government and local financial institutions.

According to a report recently issued by the Institute for Energy Economics and Financial Analysis (IEEFA), as of 2030, the proportion of solar photovoltaic generation to the total power generation in Japan is expected to rise to 12%. The power system in the northern cities of Japan is transforming from old grids to autonomy and localization, with approximately 40,000 cities opting to build microgrids and centralized renewable energy generation plants to achieve self-sufficiency.

After several years of market development and team building, Unisun now has owned independent development right over projects with more than 80MW capacity in Japan and has acquired the qualification for local engineering, procurement, and construction (EPC). This March, Unisun Japan’s EPC project – 15MW PV project in Okajima, Fukushima, was successfully connected to grid. To date, Unisun Japan possesses three PV power plants.

More: Boosting Japan Energy Upgrade: Unisun Obtains Another Loan from Local Bank

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