JFE Engineering Unit to Build Six Solar-Power Plants

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JFE Holdings Inc.’s engineering unit will develop six solar-power stations in Japan with a combined capacity of 40 megawatts.

Four plants will begin operating next year, one in April 2014 and the last in January 2015, the company said in a statement today. Power from the facilities will be sold to local utilities, according to the statement, which didn’t disclose financial terms.