JX Energy Plans to Build Three Solar Power Stations in Japan

JX Nippon Oil and Energy Corp, Japan’s biggest refiner, will build three solar power stations in Japan.

The Tokyo-based company will build a 1-megawatt station in Fukushima prefecture and a 4-megawatt plant in Akita, both in northern Japan, it said in a statement today. No financial terms were disclosed.

A 12-megawatt station will be set up in the southern prefecture of Okinawa, according to the statement. The plants will start operations by March 2015, according to JX Energy.

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