Daiwa House Aims At 100mw Renewable Energy - Based Power Generation

Daiwa House Aims at 100MW Renewable Energy-based Power GenerationDaiwa House Industry Co Ltd announced Oct 4, 2013, that it will build a 2.65MW mega-solar (large-scale photovoltaic (PV)) power plant on the site that was previously its Kagoshima Plant in Kirishima City, Kagoshima Prefecture, Japan.

The plant is scheduled to start operations in February 2014. At the Kagoshima Plant, Daiwa House was producing materials for buildings used for businesses but closed it at the end of September 2009. The company intends to make the most use of the site by building the mega-solar power plant.

Daiwa House will invest a total of about ¥700 million (approx US$7.2 million) in the plant. The PV panel and power conditioning subsystem (PCS) of the plant will be supplied by Sharp Corp and Toshiba Mitsubishi-Electric Industrial Systems (TMEIC), respectively.

Daiwa Energy Co Ltd, which is affiliated with Daiwa House, is responsible for the design, construction and operation of the plant. So, the Daiwa House Group will undertake both the construction and management of the plant.

The Daiwa House Group has long been engaged in the development of renewable energies by, for example, using its unused lands. Since 2000, it has installed wind power generation facilities on the sites of its Royal Hotels, etc.

By making use of the feed-in tariff (FIT) system, the group plans to aggressively build mega-solar power plants and establish a renewable energy-based power generation business (including wind power generation) with a total capacity of 100MW by fiscal 2015. It has already received orders for industrial PV power plants whose capacities add up to 42.9MW.