Obton, GSSG Solar to acquire 117MW Japanese solar projects

Of the nine projects, eight are currently operating.

Obton A/S announced its joint venture with GSSG Solar, LLC and its affiliates to take over nine solar power facilities in Japan with a total capacity of 117 megawatts (MW).

In a statement, Obton said eight of the projects, or 104 MW, are operational, whilst the remaining one is under development with a 13-MW capacity. The operational projects were brought into production between 2017 and 2022, it noted.

Obton said the acquired projects are part of Japan's Feed-in Tariff program introduced in 2012 and are expected to provide electricity to over 30,000 households.

The solar facilities are also projected to reduce global carbon emissions by over 58,000 tonnes annually.

Prior to this, Obton acquired GSSG’s largest solar asset with a capacity of 82 MW in Fukushima, Japan.

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