Pattern Development completes financing for Ohorayama Wind project in Japan
Construction of the 33-MW Ohorayam Wind project is expected to be complete in March of 2018. GPI is also working on a 126-MW project, which is expected to be the largest wind farm in Japan.
“We are making steady progress on our commitment to develop 1,000 MW of new renewable energy sources in Japan, demonstrating the value of our partnership with GPI,” said Mike Garland, President and CEO of Pattern Development. “Together with GPI we have completed two solar facilities in Japan and are moving forward on Ohorayama Wind. We also have a broad and deep pipeline of new wind and solar projects, including several in the advanced stages of development.”
In 2016, Pattern Development and GPI announced the completion of two solar power projects in Japan – the 14 MW Kanagi Solar PV facility, located in Shimane prefecture of Japan, and the 42 MW Futtsu Solar PV facility, located in Japan’s prefecture of Chiba.
The Ohorayama Wind project has a 20-year power purchase agreement with Shikoku Electric Power Company for 100% of the output from the facility. The project is under construction and expected to reach completion in March of 2018.
“Ohorayama is our first wind project to reach financial close and start construction since we joined hands with Pattern in early 2014,” said Toshio Hori, CEO and founder of GPI. “This achievement is a reflection of the effectiveness of our partnership and we are excited about further executing on our portfolio of mature development assets. We expect our next project, a 126-MW wind farm in Aomori prefecture, to reach financial close and commence construction by mid-2017. It is expected to be the largest wind farm in Japan.”
1.The news above mentioned with detailed source are from internet.We are trying our best to assure they are accurate ,timely and safe so as to let bearing users and sellers read more related info.However, it doesn't mean we agree with any point of view referred in above contents and we are not responsible for the authenticity. If you want to publish the news,please note the source and you will be legally responsible for the news published.
2.All news edited and translated by us are specially noted the source"CBCC".
3.For investors,please be cautious for all news.We don't bear any damage brought by late and inaccurate news.
4.If the news we published involves copyright of yours,just let us know.
Next Aug 17 Bearing Steel Price in Different Regions of China
BRIEF INTRODUCTION
Cnbearing is the No.1 bearing inquiry system and information service in China, dedicated to helping all bearing users and sellers throughout the world.
Cnbearing is supported by China National Bearing Industry Association, whose operation online is charged by China Bearing Unisun Tech. Co., Ltd.
China Bearing Unisun Tech. Co., Ltd owns all the rights. Since 2000, over 3,000 companies have been registered and enjoyed the company' s complete skillful service, which ranking many aspects in bearing industry at home and abroad with the most authority practical devices in China.
