Kyocera, IHI, Mizuho To Build Japan's Biggest Solar Farm

Law360, New York (April 10, 2012, 1:49 PM EDT) -- Two weeks after Japan's government announced incentives to lure renewable power investment, it has caught its first big fish: a 70-megawatt solar farm announced Tuesday by its backers, electronics firm Kyocera Corp., industrial manufacturer IHI Group and Mizuho Corporate Bank Ltd.

The 25 billion yen ($309 million) solar project would be the biggest in Japan, where sun and wind power have been slow to catch on. Construction is set to start in July on a site owned by IHI on the southern island of Kyushu, the...
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