TOKYO: Japanese oil companies Cosmo Oil Co Ltd (TYO:5007) and Showa Shell Sekiyu KK (TYO:5002) officially marked the completion of a 7.57-MW photovoltaic (PV) park in Kanagawa prefecture’s city of Yokohama on Tuesday.
The solar farm was constructed by their joint venture (JV) with the Development Bank of Japan Inc (DBJ), according to the press release. The entity was set up with the goal of building eight PV plants with a combined capacity of 24 MW. So far, it has completed seven of them, while the last 6-MW one in scheduled to be put into operation during the spring of 2016.
The 7.57-MW solar park near Tokyo uses 47,320 copper indium diselenide (CIS) thin-film solar modules made by local firm Solar Frontier. They are expected to generate approximately 9 GWh of electricity per year, enough to power some 1,750 local households annually, Showa Shell said Wednesday.
The facility has been operational since July 28. Its output is estimated to be enough to offset around 4,725 tonnes of carbon dioxide (CO2) emissions each year.
