Itochu, Kyudenko to Build 21MW Solar-Power Station in Japan

(Bloomberg) — Itochu Corp. and Kyudenko Corp. will build a
21-megawatt solar-power station in Japan’s southwestern
prefecture of Saga.

A venture set up by the two companies signed a loan
agreement with the Bank of Fukuoka Ltd., Itochu said in a
statement. No financial details were available.

Construction of the plant will begin this month, with
operations set to start in April 2018, according to the
statement. The station will sell solar power to Kyushu Electric
Power Co. for 20 years.

To contact the reporter on this story:
Chisaki Watanabe in Tokyo at cwatanabe5@bloomberg.net

To contact the editors responsible for this story:
Reed Landberg at landberg@bloomberg.net
Iain Wilson, Aaron Clark

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