Sonnedix completes second mega-solar power plant in Japan

12 May 2015

Tokyo, May 12, 2015

The Japanese operator NSS, with funding from the Sonnedix Group, has started commercial operation of its second mega-solar power plant, located two hours west of Tokyo in Hokuto City, Yamanashi Prefecture. Hitachi Systems, Ltd. constructed the 2.5MW plant and will perform operation and maintenance activities. Financing under a lease structure was provided by Hitachi Capital Corporation.

Mark Bogner, COO of NSS, said: “We are delighted to have this second investment move to operation stage and start selling power under the Japanese feed in tariff. We have now successfully completed the full cycle of development, financing and finally operation on two plants in this market and look forward to expanding the fleet further”

Sonnedix is an Independent Solar Power Producer (IPP) with a proven track record in delivering high performance cost competitive solar photovoltaic plants to the market. Sonnedix invests in, develops, builds, owns and operates solar power plants globally. For more information about Sonnedix, please visit www.sonnedix.com.

Hitachi Capital Corporation was founded in 1957 as a subsidiary of Hitachi Ltd., and has become one of the leading financial service companies in Japan. Through subsidiaries located not only in Japan but in the United Kingdom, Poland, the United States, Canada, China, Singapore, Thailand, Malaysia and Indonesia, Hitachi Capital has a strong presence for high quality services and solutions across the world.

About Hitachi Systems, Ltd.

Hitachi Systems, Ltd. is an IT services company with strengths in high-quality operations and maintenance services. Hitachi Systems works closely with customers through a network of roughly 300 service sites and contact centers across Japan, through which it offers a wide range of business system design and integration services. For details: http://www.hitachi-systems.com/eng/

I’d put my money on the Sun and Solar Energy, what a source of Power!I hope we don’t have to wait until oil and coal run out, before we tackle that.

Thomas Edison in conversation with Henry Ford and Harvey Firestone, 1931