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JFE Group Wins Order From Mitsui to Build 3 Solar Power Plants

JFE Holdings Inc. won an order from Mitsui & Co. and Tokio Marine Asset Management Co. to build three solar power plants in Japan through subsidiaries.

Four units of JFE Steel, 100 percent owned by the Tokyo-based company, will supply the plants with the combined capacity of 8.3 megawatts in Yamaguchi and Wakayama prefectures in western Japan, the companies said today in a statement, without providing the value of the order. The plants will be operational in the first half of 2013, they said.