Eurus Energy Plans to Build 115MW Solar Station in North Japan

Eurus Energy Holdings Corp., a Japanese developer of renewable energy projects, plans to build a 115-megawatt solar power station in northern Japan.

The company aims to begin construction in July and start running the station in Rokkasho village, Aomori prefecture, in November 2015, Mitsue Usami, a spokeswoman for Eurus, said in a telephone interview today.

The project is expected to cost about 49 billion yen ($480 million), Usami said. She declined to comment on who will provide solar panels, citing ongoing negotiations.

Tokyo-based Eurus is a venture between Toyota Tsusho Corp. (8015) and Tokyo Electric Power Co. (9501)

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

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