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SunEdison secures non-recourse financing for first utility solar project in Japan


Published Mar 12, 2015
SunEdison, Inc.

SunEdison, Inc. has secured non-recourse project financing from Japan -based Shinsei Bank for its Tarumizu project, a 9.6 megawatt utility scale solar photovoltaic power plant being built in Japan . The Tarumizu project is one of the first utility scale solar projects built by a US company in Japan to receive non-recourse funding from a leading Japanese bank.

"This project is a significant milestone for SunEdison in the growing Japanese renewable energy industry," said Netoshi Kuriyama, Representative Director and Country Manager for Japan at SunEdison. "With this project, we have proven that we can develop bankable projects with leading Japanese financial and EPC partners and we look forward to rapid growth in the Japanese market."

Tags: SunEdison Inc.




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