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SB Energy Investing in 300MW Korean Solar Farm (Int'l)
SB Energy Corp
Date: 2018-05-07
Tokyo-based SB Energy Corp., the renewable energy arm of Japanese conglomerate SoftBank, reports it has inked a Memorandum of Understanding (MoU) with the Daemyung GN consortium to invest in a 300-MW solar farm to be built in Yeongdeok County, North Gyeongsang Province, Korea. The total amount of SoftBank funding has not been revealed.

Korean solar energy specialist Daemyung GN, together with Intromedic, LS Industrial Systems and Korea East-West Power plan to invest approximately $925 million to construct the 300-MW solar power station. (Source: SoftBank, Maeil Business News Korea, 6 May, 2018) Contact; SoftBank, SBEnergy, SoftBank Group, www.softbank.jp/en

More Low-Carbon Energy News SB Energy Corp,  SoftBank,  Solar,  


Mongolian Gobi Desert Wind Farm Goes Online (Int'l. Report)
Clean Energy Asia
Date: 2017-10-11
In Mongolia, Clean Energy Asia LLC and its its shareholders Newcom LLC and SoftBank subsidiary SB Energy Corp., are reporting commercial opereations are underway at ite 50MW Tsetsii Wind Farm located in the Gobi Desert. The Tsetsii Wind Farm is SB Energy's first power generation project in Mongolia.

Mongolia has a power-supply capacity of 1130MW, consisting of 88 pct coal, 6 pct diesel, 6 pct renewable energy, and 2 pct hydropower, sources according to the Department of Energy, Mongolia, 2015. The country plans to increase renewable energy's share to 20 pct by 2020 and to 30 pct by 2030. (Source: Clean Energy Asia, PR, Various Media, 9 Oct., 2017) Contact: Clean Energy Asia LLC, SoftBank Group Corp., SB Energy Corp., Kenichi Yuasa, +81.3.6889.2300, sbpr@softbank.co.jp, www.sbenergy.co.jp/en

More Low-Carbon Energy News Clean Energy Asia,  Wind,  


Invenergy, SB Energy Tout Joint Japanese Solar Projects (Int'l)
Invenergy,SB Energy Corp
Date: 2017-04-24
Chicago-based Invenergy reports it has partnered with SB Energy Corp., the energy arm of SoftBank Group Corp, to jointly develop two solar projects in Japan with a combined capacity of over 20 MW.

Invenergy Japan GK and SB Energy Corp will develop, finance, build and operate the 10.5 MW Queens Solar farm in Fukushima Prefecture and the 10.4 MW Koumi Kogen Solar park in Nagano Prefecture. The two projects are slated to be operational in fiscal 2018.

Invenergy Japan holds a 60 pct stake in each of the two project companies, while SB Energy holds the balance. The partners plan to collaborate on the development of additional projects, according to the announcement.(Source: Invenergy, PR, SB Energy Corp, Various Media, 21 April, 2017) Contact: SB Energy Corp., www.softbank.jp/en/energy; Invenergy, Amy Francetic, Snr. VP New Ventures and Corporate Affairs, (312) 224-1400, http://invenergyllc.com

More Low-Carbon Energy News Invenergy,  Wind,  


SB Energy Unloads Ibaraki Offshore Wind Project Stake (M&A)
SB Energy, Komatsuzaki Group
Date: 2017-01-18
Japanese renewable energy firm SB Energy Corp is reporting the sale of is 33 pct stake in the 100-MW offshore wind project near Kashima Port, Ibaraki to Komatsuzaki Group's Wind Power Group. As previously reported, the project plan called for 20, 5-MW turbines with a total capacity of 100 MW. (Source: SB Energy, SeeNews, Others 16 Jan., 2017) Contact: Komatsuzaki Group, http://mlns.es.hokudai.ac.jp/?lang=en; SB Energy, www.sbenergy.co.jp

More Low-Carbon Energy News Wind,  Offshore Wind,  

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