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Tomioka Fuxing Solar, a general association of the townspeople of Tomioka Town, Fukushima Prefecture, announced on May 19 that it will convert 350,000 m2 of farmland in the town's agricultural revitalization area to build a photovoltaic power plant
with an output of 33 MW.
Construction is scheduled to start in October 2016 and start operations
in March 2018.
In addition to this corporation, the company has a total capital of 75 million yen from the Living Cooperative and the Environmental and Energy Policy Research Institute (ISEP) as the capital of SPC (Special Purpose Vehicle
).
A citizen fund will be established through anonymous partnership capital contribution, raising 500 million ~ 1.
5 billion yen to raise funds
from SPC.
The remaining 8 billion ~ 9 billion yen of business expenses are financed by large financial institutions and non-bank institutions
.
As a citizen fund, the participation of one million photovoltaic power plants, 33MW is the largest
.
In addition, the scale of fundraising has been around 100 million yen in the past, but there is no precedent
for more than 1 billion yen.
The project is planned to raise up to 1.
5 billion yen, and the largest amount of capital is likely to be contributed
.
The Natural Energy Citizens' Fund (Nakano-ku, Tokyo) is scheduled to start raising funds
in June.
The target rate of return is expected to be around 4%
for long-term investments.
It sells electricity to TEPCO at a price of 32 yen/kWh
The photovoltaic power plant will be sold to TEPCO for 20 years
at a purchase price of 32 yen/kWh (excluding tax) using the fixed-price acquisition system (FIT).
The total revenue from the power generation business is expected to be 3 billion ~ 4 billion yen over 20 years, and it will be used for reconstruction support business
through Tomioka Fuxing Solar.
The services that are scheduled to be provided include support for the reconstruction of the lives of disaster-stricken residents, support services for the elderly, and independent support services for the new generation of farmers
.
The million-dollar photovoltaic power plant business is included in Tomioka-cho's post-disaster reconstruction plan, so it is possible to convert agricultural land
in the agricultural revitalization area.
The consent
of 38 landowners has been obtained.
The installed capacity of solar panels is 33MW and the grid-connected output is 29.
4MW.
EPC (Design, Procurement and Construction) and O&M (Operation and Maintenance) are the responsibility
of major motor manufacturers.
Asset management (AM) is the responsibility
of ISEP.
ISEP plans to entrust the AM business to Ecolomy (Chofu City, Tokyo).
The planned construction site is about 7 km from the Fukushima Daiichi Nuclear Power Plant, which has been designated as an evacuation instruction preparation area, and radioactive contamination removal has
been completed.
The amount of radiation before removal was 4~6μs (microsieverts)/h, and now it has dropped to 0.
2~0.
7μs/h
.
According to a townsman questionnaire survey conducted in August 2015 (51.
4% recovery rate), only about 7% of residents would be willing to return within three years if evacuation instructions were lifted, and many of those willing to return were elderly
.
Even if the evacuation instructions are lifted and returned to their hometowns, it is estimated that they must provide daily life support, such as commercial areas and medical treatment, and the support work is aimed at
supporting these returnees.
In addition to Tomioka Fuxing Solar's million-dollar photovoltaic power plant, Tomioka Town plans to build two photovoltaic power plants connected to UHV power lines to sell electricity
to TEPCO.
Tomioka Fuxing Solar, a general association of the townspeople of Tomioka Town, Fukushima Prefecture, announced on May 19 that it will convert 350,000 m2 of farmland in the town's agricultural revitalization area to build a photovoltaic power plant
with an output of 33 MW.
Construction is scheduled to start in October 2016 and start operations
in March 2018.
In addition to this corporation, the company has a total capital of 75 million yen from the Living Cooperative and the Environmental and Energy Policy Research Institute (ISEP) as the capital of SPC (Special Purpose Vehicle
).
A citizen fund will be established through anonymous partnership capital contribution, raising 500 million ~ 1.
5 billion yen to raise funds
from SPC.
The remaining 8 billion ~ 9 billion yen of business expenses are financed by large financial institutions and non-bank institutions
.
As a citizen fund, the participation of one million photovoltaic power plants, 33MW is the largest
.
In addition, the scale of fundraising has been around 100 million yen in the past, but there is no precedent
for more than 1 billion yen.
The project is planned to raise up to 1.
5 billion yen, and the largest amount of capital is likely to be contributed
.
The Natural Energy Citizens' Fund (Nakano-ku, Tokyo) is scheduled to start raising funds
in June.
The target rate of return is expected to be around 4%
for long-term investments.
It sells electricity to TEPCO at a price of 32 yen/kWh
It sells electricity to TEPCO at a price of 32 yen/kWhThe photovoltaic power plant will be sold to TEPCO for 20 years
at a purchase price of 32 yen/kWh (excluding tax) using the fixed-price acquisition system (FIT).
The total revenue from the power generation business is expected to be 3 billion ~ 4 billion yen over 20 years, and it will be used for reconstruction support business
through Tomioka Fuxing Solar.
The services that are scheduled to be provided include support for the reconstruction of the lives of disaster-stricken residents, support services for the elderly, and independent support services for the new generation of farmers
.
The million-dollar photovoltaic power plant business is included in Tomioka-cho's post-disaster reconstruction plan, so it is possible to convert agricultural land
in the agricultural revitalization area.
The consent
of 38 landowners has been obtained.
The installed capacity of solar panels is 33MW and the grid-connected output is 29.
4MW.
EPC (Design, Procurement and Construction) and O&M (Operation and Maintenance) are the responsibility
of major motor manufacturers.
Asset management (AM) is the responsibility
of ISEP.
ISEP plans to entrust the AM business to Ecolomy (Chofu City, Tokyo).
The planned construction site is about 7 km from the Fukushima Daiichi Nuclear Power Plant, which has been designated as an evacuation instruction preparation area, and radioactive contamination removal has
been completed.
The amount of radiation before removal was 4~6μs (microsieverts)/h, and now it has dropped to 0.
2~0.
7μs/h
.
According to a townsman questionnaire survey conducted in August 2015 (51.
4% recovery rate), only about 7% of residents would be willing to return within three years if evacuation instructions were lifted, and many of those willing to return were elderly
.
Even if the evacuation instructions are lifted and returned to their hometowns, it is estimated that they must provide daily life support, such as commercial areas and medical treatment, and the support work is aimed at
supporting these returnees.
In addition to Tomioka Fuxing Solar's million-dollar photovoltaic power plant, Tomioka Town plans to build two photovoltaic power plants connected to UHV power lines to sell electricity
to TEPCO.
