Strategic partnership with Solariant to co-develop U.S. solar PV projects
Investment Date: February 14, 2022
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This partnership with Solariant Capital, LLC ("Solariant") will drive our strategic investment in U.S. solar PV and other clean energy projects. We will initially focus on developing approximately 1 GWp solar PV and 2.5 GWh BESS projects across the southeastern and southwestern regions of the United States. We will continue to expand our footprint in the U.S. renewable energy market.
Investment Highlights
The United States government actively supports renewable energy to reduce CO2 emissions, and we anticipate continued growth in this sector, which includes solar PV generation. The United States also leads in the electricity merchant market, corporate PPAs and battery energy storage systems compared to our current standing in Japan. We believe that working on solar PV projects in the United States will provide us with valuable industry knowledge and expertise, which we can apply to our domestic business as it is likely to undergo similar changes in the near future.
Future Actions
Together with our partner Solariant, we will engage in solar PV projects in the United States. Solariant leverages its knowledge, expertise and resources to develop valuable projects, while we utilize our global network and presence to set ourselves apart from competitors.
Posted on February 14, 2022