Etrion, a solar independent power producer, announces that it has completed construction and connected to the grid the remaining two sites of the Aomori solar project totaling 4.2 megawatts (MW) and will start recognizing revenues immediately.
These two sites, also built by Hitachi High-Technologies.
Aomori is a 9.5 MW utility-scale solar photovoltaic (“PV”) power project with four sites in the Aomori prefecture of Japan. Each Aomori site has a twenty-year power purchase agreement (“PPA”) with the Tohoku Electric Power utility and will receive ¥36 per kilowatt-hour (“kWh”) produced (approximately US$0.35 per kWh). The Aomori solar project is expected to produce approximately 10.7 gigawatt-hours (“GWh”) of solar electricity.
Marco A. Northland, Etrion’s Chief Executive Officer, commented, “We continue to make significant progress in Japan, and we are very happy to increase our installed capacity ahead of time and below budget. I congratulate every stakeholder in the Aomori project for performing brilliantly. With Aomori, fully connected, we now have about 43 MW operational, 13 MW under construction and over 250 MW in different stages of development. We will continue to provide updates as we reach new milestones in this very exciting market.”