Japan makes enormous steps in the world of clean energy as it installs over 11 GW of renewables in the past two years (11,090 MW). They have especially excelled in the solar department as 96% of their added power can be contributed to solar energy. Even after this amazing feat, Japan is not stopping there.
They recently put into action an additional 231 MW solar project that is currently being developed in the western region of the country:
“…with General Electric Company and a number of partners borrowing 90 billion yen ($822 million) from a number of Japanese banks to fund the project. The project will be built in Okayama prefecture by GE Energy Financial Services, Toyo Engineering Corporation, and Kuni Umi Asset Management Co, according to a recent press statement. Construction is expected to begin in November, with an opening sometime in 2019” (cleantechnica.com).
Due to Japan’s favorable regulatory policies, solar power, and renewables in general, should be expected to continue taking off, thus expanding their footprint in both the international and the clean energy worlds.
“…For us, the Kuni Umi project expands our international and renewable energy footprints, which already include investment commitments of $1.8 billion in equity and debt in more than one gigawatt of solar power projects worldwide” (cleantechnica.com).
Hats off to the renewable industry of Japan as they have a set a precedent for the rest of the world; one that is not easily replicated. In addition to their massive solar development, many other, smaller, renewable projects have begun to take course, such as a woodchip biomass power plant in Kawaminami-cho and a massive wind farm located in Nakadomari-cho. What will be the next challenge for Japan to tackle?