Pacifico Energy has started construction of a 53.9 MW(DC) solar power generation plant in Sano-shi, Tochigi Prefecture, Japan.
This is the first plant that Pacifico Energy is developing in Tochigi Prefecture.
The EPC contractor of the plant is juwi Shizen Energy and the plant will be constructed on the site of a golf course.
Commercial operations are expected to begin in the Summer of 2022. Once commissioned, the plant will generate approximately 62 million kilowatt hours of electricity annually, contributing to a reduction of approximately 500 thousand tons of CO2 emissions for an electricity supply period of around eighteen years.
This project was financed by Sumitomo Mitsui Trust Bank, with Mitsubishi UFJ Morgan Stanley Securities acting as financial advisor and Baker McKenzie acting as legal counsel to Pacifico Energy.