Etrion Corporation announces that the Komatsu solar project totaling 13.2MW has commenced full commercial operation.
Komatsu is a 13.2MW utility-scale solar photovoltaic power project site in the Ishikawa prefecture of the Honsu region in Japan. The Komatsu site has a twenty-year power purchase agreement with the Hokuriku Electric Power utility and will receive ¥32 per kilowatt-hour produced (approximately US$0.30 per kWh). The Komatsu solar project is expected to produce approximately 14.2GWh of solar electricity per year.
Marco A. Northland, Etrion's Chief Executive Officer, commented, "We are delighted with our continuous progress in Japan and Komatsu represents an important milestone as we reach nearly 60 MW of gross capacity now operating in Japan. I am very grateful to our team, Hitachi High-Technologies and all other stakeholders that worked around the clock to complete this project ahead of schedule, enabling Etrion to capture all the revenues during the summer, being the highest production months. It also releases internal resources which can now focus on the next projects in the backlog targeted to being construction within the next 12 months."