Suzuki to Invest $56 Million for Solar Station in Central Japan

Suzuki Motor Corp. (7269), a Japanese automaker, will invest 5.6 billion yen ($56 million) to build a solar power plant in central Japan.

The 18-megawatt station, to be set up at an industrial park in the Shizuoka prefecture, is scheduled to start operations in the autumn of 2015, the company said in a statement today.

Suzuki also plans to install solar panels at two more locations in Hamamatsu city, Shizuoka prefecture, where the company is based, according to 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

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.