KYOTO, Japan–(BUSINESS WIRE)–The Kyocera Group (NYSE:KYO)(TOKYO:6971) and SoftBank Group subsidiary in charge of renewable energy business, SB Energy Corp. (CEO: Masayoshi Son; herein “SB Energy”), today announced that the two companies have been selected by Kyoto City to build and operate a 4.2-megawatt (MW) solar power plant. The utility-scale solar power plant will be the first of its kind in Kyoto Prefecture, and becomes the largest solar power installation in the prefecture.
Helping Kyoto move towards energy independence, Kyocera Group companies will be in charge of solar module supply (KYOCERA Corporation), system design and material procurement (KYOCERA Solar Corporation), and the construction of the mega-solar project (KYOCERA Communication Systems Co., Ltd.).
SB Energy will be the operator of the large-scale solar power plant, and aims to have the system operating in time for the start of the new feed-in tariff (FIT) which will go into place on July 1, 2012. Continue reading