Solar Power Buying 22-Megawatt Photovoltaic Project in Japan

Solar Power Inc., a renewable-energy developer backed by China’s LDK Solar Co., agreed to buy a 22-megawatt project in Japan.

The company’s SPI Solar Japan GK unit also may develop an additional 3 megawatts at the project site, Roseville, California-based Solar Power said in a statement today. Terms weren’t disclosed.

Construction on the solar farm in Sukagawa City, Fukushima Prefecture, is planned to begin in April, with the project expected to be connected to the grid about one year later.

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