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Germany’s Photovolt Development Plans 400MW Solar Farm

April 12 (Bloomberg) -- Photovolt Development Partners GmbH, a German developer of solar projects, plans to build a 400-megawatt plant on an island in southwestern Japan.

The company will develop the plant for TeraSol G.K. on Ukujima in Nagasaki prefecture, Managing Director Peter Gerstmann said in an e-mailed response to questions.

The Berlin-based company is developing the station with partners and the project may cost 90 billion yen ($905 million) to 110 billion yen including the cost of an undersea cable, he said. The cable, about 55 kilometers (34 miles) long, will link the plant to the grid network of Kyushu Electric Power Co.

Construction is scheduled to start in the second half of this year. It may take 2 1/2 years before the plant starts running, according to Gerstmann.

The company has obtained facility approval from Japan’s Ministry of Economy, Trade and Industry, it said.

The company has developed solar power stations in Germany, Italy and Spain, according to its website.

Japan in July began offering incentives through feed-in tariffs to encourage investments in energy sources such as wind and solar.

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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