Peak Energy expands in Japan with 11 MW high-voltage solar acquisition
The projects are located in four different regions.
Independent power producer Peak Energy has acquired 11 megawatts (MW) of ready-to-build (RTB) high-voltage solar projects across Japan.
In a statement, the company said the projects are located in four different regions, namely Chubu, Chugoku, Hokkaido and Kansai. The electricity produced from these sites will be sold to corporations through long-term power purchase agreements at fixed prices.
They are scheduled for completion in 2027 and are expected to generate more than 13 gigawatt-hours of clean electricity each year. The facilities are expected to eliminate nearly 6,000 tonnes of carbon emissions annually, equivalent to removing around 2,000 cars from the road.
Peak Energy currently co-owns a 28 MW plant in Kyushu and is actively expanding activities across a range of energy services, including onsite solar, offsite solar and collocated solar + battery energy storage systems (BESS). Across the Asia-Pacific region, the company has over 200 MW of solar projects in operation or under construction, along with 298 megawatt-hours of battery energy storage capacity.