KYOCERA Starts Operation of 70MW Solar Power Plant, the Largest in Japan

  KYOCERA Starts Operation of 70MW Solar Power Plant, the Largest in Japan

 Clean, safe electricity generated will provide equivalent power for roughly
                          22,000 average households

Business Wire

KYOTO, Japan -- November 5, 2013

Kyocera Corporation (NYSE:KYO)(TOKYO:6971) today announced the launch of a 70
megawatt (MW) solar power plant in Kagoshima Prefecture, southern Japan. The
Kagoshima Nanatsujima Mega Solar Power Plant went online on November 1 and is
being operated by a special purpose company established by Kyocera and six
other companies to sell the electricity to a local utility under Japan’s
feed-in-tariff (FIT) program. An inauguration ceremony was held on November 4,
with the attendance of company representatives and local governments to
commemorate the launch of the country’s largest utility-scale solar power
plant^*.

The 70MW Kagoshima Nanatsujima Mega Solar Power Plant (Photo: Business Wire)

The 70MW Kagoshima Nanatsujima Mega Solar Power Plant (Photo: Business Wire)

Expectations and interest in solar energy have heightened to a new level in
Japan with the need to resolve power supply issues resulting from the Great
East Japan Earthquake of March 2011. To further promote the use of renewable
energy, the Japanese government launched a restructured FIT program in July
2012, which stipulates that local utilities are required to purchase 100% of
the power generated from solar installations of more than 10 kilowatts (kW)
for a period of 20 years.

Exploring a new business model for utility-scale solar power generation,
Kagoshima Mega Solar Power Corporation was established by Kyocera and six
other companies in July 2012. Under a financing plan devised by Mizuho
Corporate Bank, the new company was tasked to develop and operate the 70MW
solar power plant on land owned by IHI Corporation — with the power generated
to be purchased by Kyushu Electric Power Co., Inc. based on the FIT program.
As the largest shareholder of the new company, the Kyocera Group was
responsible for the supply of solar modules as well as part of the
construction, and will also undertake maintenance of the system with Kyudenko
Corporation.

Additionally, a tour facility has been built adjacent to the 70MW plant —
which is open to the public — featuring a circular viewing room where visitors
can observe the 290,000 solar panels from an elevated vantage point and enjoy
the view of the ocean bay and grand Sakurajima volcano in the background.
Display zones for visitors such as students and tourists provide information
about environmental issues and the science behind photovoltaic energy
generation. By dedicating this facility, all parties involved hope to foster a
deeper understanding of renewable energy and further facilitate a low-carbon
society.

^*Largest operating solar power plant in Japan. Research by Kyocera (as of
November 1, 2013).

For more information and photos of the Kagoshima Nanatsujima Mega Solar Power
Plant:
http://global.kyocera.com/news/2013/1101_nnms.html

About KYOCERA

Kyocera Corporation (NYSE:KYO)(TOKYO: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, mobile phones, printers, copiers, electronic components,
semiconductor packages, cutting tools and industrial ceramics. During the year
ended March 31, 2013, the company’s net sales totaled 1.28 trillion yen
(approx. USD13.6 billion). The company is ranked #492 on Forbes magazine’s
2013 “Global 2000” listing of the world’s largest publicly traded companies.

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Contact:

KYOCERA Corporation (Japan)
Hina Morioka, +81-(0)75-604-3416
Corporate Communications
webmaster.pressgl@kyocera.jp
Fax: +81-(0)75-604-3516
 
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