First Foreign Developer to Develop and Close a Solar Project in Japan
We pioneer solar projects across Asia, becoming the first foreign developer to develop and close a solar project in Japan under non-recourse project financing by October 2013. Our first solar development in Japan, Osakikamijima Mega Solar Power Plant in Hiroshima prefecture, successfully achieved its commercial operation in January 2015.
The solar farm was established in Osakikamijima as a viable energy solution for the local community and stakeholders
The solar farm was established in Osakikamijima as a viable energy solution for the local community and stakeholders. Osakikamijima has a community of 8,000 people, mostly fishermen and farmers. It is arguably one of Japan’s most beautiful islands and just a 20 minute ferry ride from Hiroshima city.
The project is driven by IES’ vision for connectivity, transparency and responsible development. The project’s output provides ample power for the islanders’ needs and is equally profitable for investors and stakeholders. The construction phase of the project provided steady employment for 200 local people and IES has continued to hire local employees for the project’s operations phase. As part of IES’ commitment to enhance the island, we have provided fertile grounds for the islanders to cultivate a fruit orchard, established a learning center and built a bicycle trail for public use.
Today, the solar power plant provides an alternative means of energy to the prefecture’s grid, enabling the community at large to enjoy the all benefits of solar energy.