Fukushima Starts $2.7 Billion Renewables Project
- 600 megawatt wind and solar project to supply Tokyo area
- Development Bank of Japan, Mizuho to provide part of funding
Storage tanks of contaminated water at Tokyo Electric Power Co's (TEPCO) Fukushima Dai-Ichi nuclear power plant in Okuma.
Photographer: Hitoshi Katanoda/Polaris Images/Bloomberg
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Work is set to begin on a $2.7 billion renewable energy project in Japan’s Fukushima, the site of one of the world’s worst nuclear disasters, the Nikkei newspaper said Sunday.
The plan is for the wind and solar project to generate and transmit up to 600 megawatts of power, which will be supplied to Tokyo and the surrounding area, according to the paper.