KYOCERA Collaborating with Mitsui and SB Energy to Construct 19.6MW 'SoftBank Izumiotsu Solar Park'

KYOCERA Collaborating with Mitsui and SB Energy to Construct 19.6MW 'SoftBank Izumiotsu Solar Park' in Osaka, Japan

KYOTO, Japan--(BUSINESS WIRE)-- The Kyocera Group's (NYS: KYO) (TOKYO:6971) subsidiary in charge of sales of solar products and services in Japan, Kyocera Solar Corporation (headquarters: Kyoto; president: Seiji Goto; herein "KSC") and Mitsui & Co., Ltd. (headquarters: Tokyo; president: Masami Iijima; herein "Mitsui") have agreed to collaborate on the operation of the SoftBank Izumiotsu Solar Park, a 19.6-megawatt (MW) solar power plant being built by SB Energy Corp. (headquarters: Tokyo; CEO: Masayoshi Son; herein "SB Energy") in Osaka Prefecture, Japan.

The SoftBank Izumiotsu Solar Park will be the largest* solar power installation in Osaka Prefecture and is being built on approximately 25 hectares of prefectural government land. Approximately 80,000 Kyocera solar modules will be used for the 19.6MW project, which is expected to generate roughly 20,680MWh of electricity each year — the equivalent amount to power roughly 5,700 typical homes. Izumiotsu Solar Park Corp. has been jointly established by Mitsui, SB Energy and KSC to manage the project, with the solar park set to go online in July 2014.


Mitsui, SB Energy and KSC will continue to promote the expanded use of clean energy by building and operating large-scale mega-solar power plants.

* As of October 3, 2013.

 

Solar Park Overview

Location 7-2 Yunagicho, Izumiotsu, Osaka Prefecture, Japan
AreaApprox. 25ha
Power outputApprox. 19.6MW

Annual power production
estimate (first year)

Approx. 20,680MWh/year

Equivalent amount to power roughly 5,700 typical households*

* Based on an average use of 3,600kWh/year

Start of operations July 2014 (planned)
 

Company Overview

Company name Izumiotsu Solar Park Corp.
Location7-2 Yunagicho, Izumiotsu, Osaka Prefecture, Japan
EstablishedAugust 31, 2012
Shareholders SB Energy Corp.: 49%

Mitsui & Co., Ltd.: 49%

KYOCERA Solar Corporation: 2%

 

For more information about Kyocera:http://global.kyocera.com/

About KYOCERA

Kyocera Corporation (NYS: KYO) (TOKYO:6971) (http://global.kyocera.com/), the parent and global headquarters of the Kyocera Group, was founded in 1959 as a producer of fine ceramics (also known as "advanced ceramics"). By combining these engineered materials with metals and integrating them with other technologies, Kyocera has become a leading supplier of solar power generating systems, mobile phones, printers, copiers, electronic components, semiconductor packages, cutting tools and industrial ceramics. During the year ended March 31, 2013, the company's net sales totaled 1.28 trillion yen (approx. USD13.6 billion). The company is ranked #492 on Forbes magazine's 2013 "Global 2000" listing of the world's largest publicly traded companies.



KYOCERA Corporation (Japan)
Judah Reynolds, +81-(0)75-604-3416
Corporate Communications
webmaster.pressgl@kyocera.jp
Fax: +81-(0)75-604-3516

KEYWORDS:   United States  Asia Pacific  North America  New York  Japan

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The article KYOCERA Collaborating with Mitsui and SB Energy to Construct 19.6MW 'SoftBank Izumiotsu Solar Park' in Osaka, Japan originally appeared on Fool.com.

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