Amp Japan Secures JPY17B Green Rated Loan for 60MW Solar Power Plant

Source: www.gulfoilandgas.com 12/22/2021, Location: Asia

Amp Energy, a global energy transition platform, has secured a ‘Shinsei Green Loan’ valued at JPY17 Billion (USD151M) from its standing financing partner, Shinsei Bank. The funds will be used for the construction of the 60MWdc Fukushima West Solar Project, in Fukushima City.

A Shinsei Green Loan designates the use of funds for businesses or projects that will provide clear environmental benefits, and must align with the "Shinsei Green Finance Framework”.

The estimated annual generation of the power plant is approximately 69,000MWh, the equivalent to a reduction in CO2 emissions of 35,032 tons per year.

Commercial operation is scheduled for early 2025, with the construction and development of the project expected to create more than 200 local jobs.


Bahrain >>  8/18/2022 - The Kingdom of Bahrain launched its tendering process to award a 20 years contract for local or international bidders to build, own, operate, and main...
United States >>  8/18/2022 - Meyer Burger and D. E. Shaw Renewable Investments (DESRI) have signed a binding agreement to supply at least 3.75 GW of solar modules for DESRI’s larg...

United States >>  8/17/2022 - EDF Renewables North America (EDFR) today announced that the Palen Solar site is fully operational and delivering decarbonized energy to the grid. The...
Romania >>  8/16/2022 - Photon Energy N.V. (WSE&PSE: PEN, FSX: A1T9KW) (‘Photon Energy’, ‘Photon Energy Group’ or the ‘Company’) announces that it has broken ground on the co...

South Africa >>  8/16/2022 - Magnora ASA is pleased to announce that one of its solar PV projects in South Africa has been granted Environmental Authorization, a major milestone f...
Australia >>  8/15/2022 - Lightsource bp, a global solar leader and 50:50 joint venture between Lightsource and bp, today announces it will reach financial close on its Welling...




Gulf Oil and Gas
Copyright © 2021 Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.