Saturday, September 15, 2012

No. 63: Wind power generation business grows brisk (September 15, 2012)

Business trend:

Windmills along the seacoast
Summit Wind Power plans to build another six wind generation facilities in Kashima of Ibaraki Prefecture. The six facilities will start operation with a combined capacity of 18,000 kW in 2016. The investment will be 4-5 billion yen. With the new facilities, the company will increase its generation capacity 50% to 54,000 kW, equivalent to power consumption of about 30,000 households. Summit Wind Power is a group company of Summit Energy wholly owned by Sumitomo Corp.

Summit Wind Power is now operating 10 windmills, each of which has a generation capacity of 2,000 kW, in the Kashima coast industrial area. The company will have a meeting with residents to explain its plan and show a picture of the plan. With the introduction of the special law that asks electric power companies to purchase renewable energy, wind power generation business is growing active. Summit Wind Power will sell generated power to Tokyo Electric Power Company.  

 Kashima coastal industrial area in Ibaraki Prefecture

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