Vena Energy Breaks Ground on the Nanao Solar Project in Partnership with Kyudenko Corporation

[Ishikawa, Japan] Vena Energy, one of Asia-Pacific’s leading independent power producers (IPP), held a ground-breaking ceremony for the 51 MW “Nanao” Solar Project in Nanao City in the Ishikawa Prefecture, Japan. The Nanao Solar Project is one of the largest solar projects in the Ishikawa Prefecture, and a joint-venture between Vena Energy and Kyudenko Corporation, a leading renewable energy facilities survey, design and construction company in Japan.

“We are delighted to partner with Kyudenko Corporation and combine our respective strengths and experience in project development, execution, local presence and knowledge for the successful delivery of the Nanao Solar Project”, said Juan Mas Valor, Head of Vena Energy Japan. “Together, we are looking forward to supporting our host communities through this project and our community-related activities”.

“Solar power is a natural, promising and economically superior renewable energy source, and Kyudenko has a wealth of experience in the construction of solar generation systems throughout Japan,” said Mr. Masakiyo Amakawa, Executive Officer and Director of Kansai Branch, Kyudenko Corporation. “I am honored to partner with Vena Energy in this joint-venture for the Nanao Solar Project, and to utilize the expertise and strengths of both companies to contribute to the economic foundation of the region.”

The Nanao Solar Project will feature 118,848 solar photovoltaic panels across an expanse of 102.78 hectares, and is forecasted to produce approximately 52,433 MWh annually. Scheduled to attain its Commercial Operation Date in December 2022, the Nanao Solar Project will provide up to 10,443 local households with clean, renewable energy. Compared to thermal energy, the Nanao Solar Project is capable of reducing up to 31,205 tonnes of greenhouse gas emissions, and save more than 49 million litres of water every year.

Date

September 4, 2020