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Mitsubishi May Build Solar Plant in Japan With Chubu Electric

Mitsubishi Corp., Japan’s largest trading house by market value, may build a solar power station with Chubu Electric Power Co. in central Japan.

Mitsubishi and C-Tech Corp., a clean energy and telecommunications unit of Chubu Electric, are considering building a solar plant in Aichi prefecture, Takashi Shiwaku, a Mitsubishi spokesman said by phone today. Aichi is home to Toyota Motor Corp.’s head office in Toyota city.

The Nikkei newspaper reported Jan. 12 the companies will build a 77 megawatt station in Aichi at a total cost of more than 20 billion yen ($223 million). The paper did not say where it got the information. Shiwaku said the capacity and the location of the plant haven’t been decided.

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