IBC Solar has completed the construction of the MegaSolar project in Sakura, located north-west of Tokyo, Japan. The German PV expert has realized the installation as a project developer together with a local partner and now sold the 2.3MW turnkey Solar park to a Japanese investor. The MegaSolar plant has been connected to the public power grid on November, 20th.
IBC Solar has started the development of the plant in 2013 in collaboration with the local-based project developer Deneb Renewable Energy. Finally the work has been concluded with the successful execution and turn-key construction of the plant carried out in cooperation with the Japanese System Integrator Yokohama Kankyo Design Co., Ltd. ( YKD ) in summer 2014.
IBC Solar pre-financed the project until completion and delivered more than 9,100 IBC PolySol 255 modules. Furthermore, the company secured the highest feed-in tariff for the Sakura plant which is guaranteed for at least 20 years, thus making the photovoltaic plant very attractive for investors.
By selling the MegaSolar project to an investor, IBC Solar is driving its international growth strategy forward. "We are very delighted to have successfully completed the project in Sakura. It shows our ability to deliver top quality and ensure the profitability of photovoltaic plants at the same time", said Udo Möhrstedt, CEO and founder of IBC Solar AG. "We are aiming on strengthening the successful relationships with our local partners to keep on promoting our activities in the Japanese market."