Japanese Venture Starts Generating Power at Largest Solar Plant

Japan’s largest solar power station, a 70 megawatt plant built by Kyocera Corp. (6971) and partners, began generating power this month in the nation’s southwest, the venture said.

The plant in Kagoshima prefecture is the biggest among the country’s operating solar power stations, Kagoshima Mega Solar Power Corp., the joint venture, said in a statement yesterday.

Other members of the venture are KDDI Corp. (9433), IHI Corp. (7013), Kyudenko Corp. (1959), Bank of Kyoto Ltd., Kagoshima Bank Ltd., and Takenaka Corp., according to the statement. The total investment was 27 billion yen ($275 million).

Kyocera supplied panels for the plant, the venture said in the statement.

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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