Japanese trading house Mitsubishi Corp. said Friday it will take part in a 200-megawatt solar power generation project in Spain, making it the first Japanese company to own concentrated solar power plants under commercial operation.
The Tokyo-based company said it has acquired a 15% stake in Acciona Termosolar from Acciona Energia, a group company of Acciona S.A. of Spain.The project's total cost is around EUR1 billion and is expected to generate about 450 million kWh.The Spanish company is world largest independent non-utility renewable energy developer and owner. It operates four CSP plants in southern Spain, three of which are already operating commercially. The remaining plant is slated to go onstream this autumn.
The Tokyo-based company said it has acquired a 15% stake in Acciona Termosolar from Acciona Energia, a group company of Acciona S.A. of Spain.
The project's total cost is around EUR1 billion and is expected to generate about 450 million kWh.
The Spanish company is world largest independent non-utility renewable energy developer and owner. It operates four CSP plants in southern Spain, three of which are already operating commercially. The remaining plant is slated to go onstream this autumn.
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