Market Snapshot
  • U.S.
  • Europe
  • Asia
Ticker Volume Price Price Delta
DJIA 15,307.20 -80.41 -0.52%
S&P 500 1,655.35 -13.81 -0.83%
Nasdaq 3,463.30 -38.82 -1.11%
Ticker Volume Price Price Delta
STOXX 50 2,768.79 -66.22 -2.34%
FTSE 100 6,714.89 -125.38 -1.83%
DAX 8,319.71 -211.18 -2.48%
Ticker Volume Price Price Delta
Nikkei 14,484.00 -1,143.28 -7.32%
Hang Seng 22,669.70 -591.40 -2.54%
S&P/ASX 200 5,062.45 -102.92 -1.99%

Sumitomo, Hitachi Zosen to Build 10 Megawatt Solar Farm in Osaka

Sumitomo Corp. (8053), Hitachi Zosen Corp. (7004) and five other companies will build a 10-megawatt solar power station in Osaka.

The plant, to be built at a waste landfill site, is expected to start operations in the fall of 2013, the companies said in a statement today.

Electricity generated from the facility will be sold to Kansai Electric Power Co. and will be enough to supply about 3,200 homes, according to the statement.

Jupiter Telecommunications Co., Sumitomo Electric Industries Ltd., Daihen Corp., Rengo Co., and NTT Facilities Inc. will also participate in the project.

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

Bloomberg moderates all comments. Comments that are abusive or off-topic will not be posted to the site. Excessively long comments may be moderated as well. Bloomberg cannot facilitate requests to remove comments or explain individual moderation decisions.

Sponsored Link