JFE Engineering Unit to Build Six Solar-Power Plants

(Corrects combined capacity in first paragraph.)

JFE Holdings Inc.’s (5411) engineering unit will develop six solar-power stations in Japan with a combined capacity of 40 megawatts.

Four plants will begin operating next year, one in April 2014 and the last in January 2015, the company said in a statement today. Power from the facilities will be sold to local utilities, according to the statement, which didn’t disclose financial terms.

The plants will be built in Mie, Hokkaido, Okayama, Miyagi, Tochigi and Shizuoka prefectures.

To contact the reporter on this story: Chisaki Watanabe in Tokyo at cwatanabe5@bloomberg.net

To contact the editor responsible for this story: Reed Landberg at landberg@bloomberg.net

Press spacebar to pause and continue. Press esc to stop.

Bloomberg reserves the right to remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.