NEC Capital Solutions, NTT to Sell Solar Power in Central Japan

NEC Capital Solutions Ltd., NTT Facilities Inc. and partners set up a power company to sell electricity from renewable sources to public facilities in Hamamatsu City, Shizuoka prefecture in central Japan.

The city of Hamamatsu, Chubu Gas Co. and five others are also taking part in the venture, NEC Capital Solutions said in a statement Thursday. The power company will get supplies from solar power stations and a waste treatment plant.

The company plans to start selling electricity in April, according to the statement.

Before it's here, it's on the Bloomberg Terminal. LEARN MORE