GSSG Solar, LLC, and Obton A/S of Denmark have formed a joint venture to acquire nine solar projects in Japan, totaling 117 MW. Currently, eight projects are operational, generating 104 MW, with one 13 MW project under development. These initiatives, part of Japan’s Feed-in Tariff program, will provide electricity to about 30,000 households across seven prefectures, reducing global carbon emissions by over 58,000 tonnes annually. The collaboration builds on a three-year partnership, following Obton’s previous acquisition of an 82 MW solar facility in Fukushima, Japan.
GSSG, Obton acquire nine solar projects
The nine solar projects are anticipated to provide a power of approximately 117 MW. (Image Credit: Pexels)
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The project will provide renewable energy to 600 residential subscribers, including low- and moderate-income households, at reduced rates. (Image Source: Chaberton Energy)
India, China, and Indonesia will lead APAC’s 57 GW dc floating solar capacity, achieving 31 GW (DC) combined by 2033. (Image Source: SOLARbytes)
EOS Capital Advisors advised Balanced Rock Power in selling its 25 MW solar project to Standard Solar. (Image Source: Standard Solar)