Market Overview

KYOCERA TCL Solar Completes 28MW Solar Power Plant in Miyagi Prefecture, Japan

Share:

Company's second largest solar power plant to provide equivalent
electricity of approximately 11,100 average households

Kyocera Corporation (herein "Kyocera") and Tokyo Century Corporation
(herein "Tokyo Century") announced that Kyocera TCL Solar LLC (herein
"Kyocera TCL Solar") has completed construction of a 28 megawatt (MW)
utility-scale solar power plant in the town of Taiwa, Kurokawa District,
Miyagi Prefecture, Japan. The company has developed this 28MW solar
power plant in collaboration with Tokyo-based Tsuboi Corporation and
started operations in late June 2018.

This press release features multimedia. View the full release here:
https://www.businesswire.com/news/home/20180724005324/en/

KYOCERA TCL Solar completes 28MW solar power plant in Miyagi Prefecture, Japan (Photo: Business Wire ...

KYOCERA TCL Solar completes 28MW solar power plant in Miyagi Prefecture, Japan (Photo: Business Wire)

This is the company's first solar power plant in Miyagi Prefecture and
its second largest solar power plant following the 29.2MW
solar power plant in Tottori Prefecture
. 103,950 Kyocera solar
modules will generate an estimated 33,000 megawatt hours (MWh) per year
— enough electricity to power approximately 11,100 average households*1
and capable of providing power to almost all the local households in the
town of Taiwa which is adjacent to Sendai City, the heart of the Tohoku
region. With more companies entering Miyagi Prefecture's largest
industrial park in this area, it is experiencing urbanization and
population growth. The company hopes its solar power plant will be a
local symbol of supporting people's lives and developing the local
community while coexisting with the region's rich nature.

Kyocera TCL Solar has constructed solar power plants in 67 sites across
Japan including this 28MW plant, with approximately 258.1 MW*2 of
total output since the company was established in August 2012. Kyocera
TCL Solar, Kyocera and Tokyo Century remain committed to promoting
renewable energy as well as contributing to environmental protection and
the creation of a sustainable society through their solar energy
business.

Project Overview

Location   Taiwa Town, Kurokawa District, Miyagi Prefecture, Japan
Operation Kyocera TCL Solar LLC

Joint planner/land
proprietor

Tsuboi Corporation

Design, construction and
maintenance

Kyocera Solar Corporation, Tsuboi Corporation
Maximum output Approx. 28MW
Solar modules

270-watt Kyocera modules: 92,070
280-watt Kyocera modules:
11,880
Total: 103,950

Expected annual power
generation

Approx. 33,000 MWh
(enough electricity to power approximately
11,100 typical households)

Electric power sales
destination

Tohoku Electric Power Co., Inc.
Start of operation   June 21, 2018
 

Company Overview

 
Company name   Kyocera TCL Solar LLC
Location Chiyoda-ku, Tokyo, Japan
Shareholders Tokyo Century Corporation (81%)
Kyocera Corporation (19%)
Established   August 2012
 

*1 Based on average annual use of 2,973.6 kWh per household. Source:
Japan Atomic Energy Relations Organization (Graphical Flip-chart of
Nuclear & Energy Related Topics)
*2 Total output of the plants
in operation as July 1, 2018

For more information about Kyocera solar energy: https://global.kyocera.com/prdct/solar/

About
KYOCERA

Kyocera
Corporation
(TYO:6971) (http://global.kyocera.com/),
the parent and global headquarters of the Kyocera Group, was founded in
1959 as a producer of fine
ceramics
(also known as "advanced ceramics"). By combining these
engineered materials with metals and integrating them with other
technologies, Kyocera has become a leading supplier of solar power
generating systems, industrial and automotive components, electronic
devices, printers, copiers and mobile phones. During the year ended
March 31, 2018, the company's consolidated net sales totaled 1.58
trillion yen (approx. USD14.9 billion). Kyocera appears on the "Top 100
Global Innovators" list by Clarivate Analytics and is ranked #612 on
Forbes magazine's 2018 "Global 2000" list of the world's largest
publicly traded companies.

About
Tokyo Century

Tokyo
Century Corporation
(TYO:8439) (https://www.tokyocentury.co.jp/en/)
was launched in 2009 through the merger of Century Leasing System, Inc.
and Tokyo Leasing Co., Ltd. Its core lines of business include equipment
leasing, specialty financing, domestic automobile financing, and
international business, with operations in 37 countries and regions
around the world. Tokyo Century is focused on high-growth areas that
transcend the boundaries of leasing and finance, such as aviation, solar
power generation, and robot rental businesses. As of the year ended
March 31, 2018, the company's consolidated segment assets reached total
of 3.3 trillion yen (approx. USD31.3 billion), and the company's market
capitalization stood at 703 billion yen (approx. USD6.6 billion).

View Comments and Join the Discussion!