TOKYO, 20 April 2017 – gigaSPG acquired the project rights of the Konono Solar Project of 500 KW AC in Wakayama Prefecture. The grid connection is scheduled to be during Middle of 2018.
This project will have an 24 yen/ Kwh, 20 year Power Purchase Agreement with Kansai Electric. The Solar plant consists of Trina Solar Modules and a SOLARSPEC Mega Solar Power System delivered by Wave Energy K.K. with 500 KW AC TMEIC Inverter, 6.6KV transformer and switchgear.
gigaSPG is a Japanese Independent Power Producer (IPP) that develops, constructs, owns, sells and operates utility-scale solar power generation plants. gigaSPG stands for giga Solar Power Generator and refers to the next generation of Solar Power Plants with the size beyond the Mega Solar scale. The company is a Joint Venture company of both the EPC Eco Life Engineering KK and NEXPV KK.
The target of gigaSPG is to develop and construct the first gigawatt (GW) scale Solar Power Generators within 5 years. The levelized cost of electricity (LCOE) of these gigawatt scale generators is targeted to be less than coal powered electricity generation.
gigaSPG acquired the project rights of a 500 KW AC solar plant in Wakayama Prefecture.
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