Solar Stocks; KYOCERA (NYSE:KYO) (TOKYO:6971) to Supply 30MW of Modules for Solar Power Plant in Northern Japan
Category: Investment, Solar, Renewable Energy
News about Kyocera Corporation
KYOTO - September 27, 2012 (Investorideas.com renewable energy newswire) Kyocera Corporation (NYSE:KYO)(TOKYO:6971) announced that its subsidiary in charge of domestic sales of solar equipment, Kyocera Solar Corporation, will provide 30 megawatts (MW) of solar modules (approximately 135,000 units) for a utility-scale solar power plant in the northern prefecture of Hokkaido, Japan. The project will be designed and constructed by Yonden Engineering Co., Inc.
The project will be operated by Eurus Energy Group's subsidiary in charge of renewable energy generation business, with plans for construction to start in October of this year and operations to start in March 2014. The solar power plant is expected to generate the equivalent amount of annual power for roughly 9,600 typical households, off-setting roughly 11,000 tons of CO2 per year.
Overview
Location | Shiranuka Town , Shiranuka County , Hokkaido , Japan |
Site area | Approx. 625,192m2 |
Power output | Approx. 30MW |
No. of modules | Approx. 135,000 |
Annual power generation (estimate) | Equivalent amount for 9,600 typical households |
Start of operations | March 2014 |
Born of the company's years of experience in the solar industry, Kyocera is recognized for its high-quality products and stable supply capabilities, along with its system engineering & construction knowhow, which has earned Kyocera the largest share*1 of the Japanese market for installation volume of large-scale, public- and industrial-use solar power.
Following the July start of a new feed-in tariff (FIT) in Japan , large-scale solar power plant projects have been popping up across the country, with estimates that the domestic solar market will double compared to the previous fiscal year. By supplying highly reliable, high-quality products for the expanding solar market, Kyocera strives to contribute to climate change prevention.
Since starting R&D of solar energy in 1975, Kyocera has thoroughly strived to enhance the quality and longevity of its solar products. Illustrating the high quality and reliability of Kyoceraâs solar modules, the company has been recognized by numerous third-party organizations, including being the first in the world to be certified by TUV Rheinland's Long-Term Sequential Test; as well as having the non-profit Fraunhofer Center for Silicon Photovoltaics CSPâs potential induced degradation (PID) test demonstrate that Kyoceraâs modules do not show any degradation after being subjected to high voltage stress testing.
*1 Based on research by Kyocera; as of September 2012.
For more information about Kyocera Solar Energy: http://global.kyocera.com/reliability/
About KYOCERA
Kyocera Corporation (NYSE: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 âadvanced ceramicsâ). By combining these engineered materials with metals and plastics, and integrating them with other technologies, Kyocera has become a leading supplier of solar power generating systems, telecommunications equipment, printers, copiers, electronic components, semiconductor packages, cutting tools and industrial ceramics. During the year ended March 31, 2012, the company's net sales totaled 1.19 trillion yen (approx. USD14.5 billion). The company is ranked #426 on Forbes magazine's 2012 âGlobal 2000â listing of the world's largest publicly traded companies.
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