Total to build third solar power plant in Japan
Total has started construction of the Miyagi Osato solar park, a large-scale 52 megawatt-peak (MWp) solar plant located in Osato, Miyagi prefecture, Japan. The project, which has achieved financial close, is expected to start up in 2021 and will provide clean and reliable electricity to Japanese households.
Miyagi Osato is Total’s third and biggest solar plant in Japan, allowing the company to meet Japan’s stringent earthquake-resistant building standards. It will be operated by Miyagi Osato Solar Park, a special purpose company, majority-owned by Total Solar International (90%), alongside SB Energy (10%), a Japanese subsidiary of SoftBank Group.
Total is integrating climate change into its strategy, building a portfolio of low carbon businesses that could account for 15 to 20% of its sales by 2040. At present, its gross low carbon power generation capacity worldwide stands at 7 GW, of which over 3 GW comes from renewable sources.
For more on Japan’s changing energy mix, see Petroleum Review’s forthcoming November 2019 issue.