Neo Solar Power Corporation
GES Sold 14.68MW Solar Project in Fukushima at high prices – The first case for Taiwanese companies to sell large-scale-solar-project in Japan
GES Sold 14.68MW Solar Project in Fukushima at high prices
This Fukushima solar project was started to be constructed since October 2015 and COD in March 2017. All the related works such as project development, design, plan and construction were all conducted by GES. The sale of this solar project in Fukushima shows GES’ outstanding capabilities of solar project development and global solar project vertical integration. After the sale of this Fukushima solar project, within the Japanese market, GES still owns the solar projects in Wakayama, Ibaraki and Fukutsu. In addition, GES is keeping optimistic outlook toward Japan’s solar market and therefore will continue to put more resources and manpower in Japan. It should be noted that currently, GES in Japan also has 100MW solar projects which are under development and 50MW of these projects are expected to be completed by the end of 2018. The Fukushima solar project attracted various potential buyers to bid because of its sunny location and excellent geographic conditions. The final buyer is a Canadian clean energy company who focused on the solar market in Canada, USA, the UK, Japan and India and also has nearly 2GW solar project assets in operation currently. Acquiring the Fukushima solar project from GES can be an evidence that this buyer is confident of Japan’s solar market. In the future, GES will continue to cooperate with this buyer to develop solar projects in the major solar markets worldwide to create a win-win situation. About General Energy Solutions Inc. (GES)
For further information, please contact: Document: http://n.eqs.com/c/fncls.ssp?u=SSUMENQJLW Document title: GES Sold 14.68MW Solar Project in Fukushima at high prices – The first case for Taiwanese companies to sell large-scale-solar-project in Japan
05/07/2017 Dissemination of a Financial Press Release, transmitted by EQS Group. |