Banpu Public Company Limited (BANPU) has announced that Project Yamagata Solar Power Plant in Japan successfully achieved the commercial operation date on November 16, 2020.
On November 19, 2020, BANPU informed that Project Yamagata Solar Power Plant in Japan that BRE Singapore Pte. Ltd (BRES), an associate company held 50% by BPP through Banpu NEXT Co., Ltd. has invested 100% under TK structure successfully achieved the commercial operation date on November 16.
The project is located in Yamagata prefecture with a capacity of 20MW, which entered into Power Purchase Agreement with Tohoku Electric Power Co., Inc. for a period of 20 years with Feed-in-Tariff of JPY 36 per KW/hour. The electricity generated from this solar power plant can supply electricity to serve 5,000 households and this solar power plant will be named as “Kawanishi Dahlia Solar Power Plant” to be familiar for the local community.
Inclusive of this project, Banpu NEXT currently holds interest in 17 Solar Power Plant Projects in Pajan with a capacity of 240.0MW on Equity-base capacity, under which had been COD for a total of 82.64MW on Equity-case capacity.
BANPU stated that it will continue seeking investment opportunities to achieve the growth target under energy generation business of 6,100MW in 2025 by focusing on markets with attractive growth and supportive government policy.