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According to local media reports, agricultural land damaged by the nuclear disaster and earthquake in Fukushima Prefecture will be transformed into an energy hub with a capacity of 600MW, including 11 solar power plants and 10 wind power plants
.
Tokyo-based financial news outlet Nikkei Asian Review reported on Sunday that state-owned Japan Development Bank and private bank Mizuho Bank would be ready to provide lines
of credit.
The project is said to be scheduled to be completed in March 2024 with an investment of about 300 billion yen ($2.
75 billion).
The Japanese government also intends to build an 80-kilometer transmission system that will connect power generation facilities with the transmission network of TEPCO at an estimated cost of 29 billion yen ($266 million) to provide clean electricity
to the capital, Tokyo according to the Nikkei Asian Review.
Fukushima prefectural government officials told Bloomberg on Monday that it will provide 30 billion yen ($275 million) in subsidies for clean energy projects, and that the first solar power plant may be installed in Minami Soma City with a capacity of about 20MW.
Farmland in northeastern Japan's Fukushima prefecture was damaged by radiation from a nuclear accident in early 2011, when a tsunami triggered by an earthquake caused the collapse of nuclear reactors, killing more than 4,000 people, the most dangerous since
the 1986 Chernobyl accident in Ukraine.
According to local media reports, agricultural land damaged by the nuclear disaster and earthquake in Fukushima Prefecture will be transformed into an energy hub with a capacity of 600MW, including 11 solar power plants and 10 wind power plants
.
Tokyo-based financial news outlet Nikkei Asian Review reported on Sunday that state-owned Japan Development Bank and private bank Mizuho Bank would be ready to provide lines
of credit.
The project is said to be scheduled to be completed in March 2024 with an investment of about 300 billion yen ($2.
75 billion).
The Japanese government also intends to build an 80-kilometer transmission system that will connect power generation facilities with the transmission network of TEPCO at an estimated cost of 29 billion yen ($266 million) to provide clean electricity
to the capital, Tokyo according to the Nikkei Asian Review.
Fukushima prefectural government officials told Bloomberg on Monday that it will provide 30 billion yen ($275 million) in subsidies for clean energy projects, and that the first solar power plant may be installed in Minami Soma City with a capacity of about 20MW.
Farmland in northeastern Japan's Fukushima prefecture was damaged by radiation from a nuclear accident in early 2011, when a tsunami triggered by an earthquake caused the collapse of nuclear reactors, killing more than 4,000 people, the most dangerous since
the 1986 Chernobyl accident in Ukraine.
