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4-Traders Homepage  >  Shares  >  Tokyo  >  Suzuki Motor Corp    7269   JP3397200001

SUZUKI MOTOR CORP (7269)

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SUZUKI MOTOR CORPORATION : Suzuki installs mega-solar power facility

11/18/2013 | 03:51am US/Eastern

18 November 2013

Suzuki installs mega-solar power facility

Suzuki Motor Corporation has decided to install mega-solar power facility at the Nakazato Industrial Park located in Makinohara, Shizuoka Prefecture. Suzuki will make a request to the Chubu Electric Power Co., Inc. for the connecting of the power lines and apply to the Ministry of Economy, Trade and Industry for the approving of the facility within this month. The power facility is scheduled to start its operation in the autumn of 2015.

The Suzuki-owned 42 hectares of land in the Nakazato Industrial Park, the location for the mega-solar power facility to be installed, was considered to be suited for the power facility for its great insolation condition.

The generation capacity of the facility is 18 megawatt, which will all be sold to the Chubu Electric Power Co., Inc. The capacity is equal to 5,700 standard households. The investment amount is approximately 5.6 billion yen.

Moreover, Suzuki will promote installing solar panels by utilizing the unused land of Maisaka-cho, located in Nishi-ku, Hamamatsu, and the roof of the Hamamatsu Plant, which is scheduled to be constructed in Miyakoda-cho of the Kita-ku, Hamamatsu. Suzuki will contribute to the local community through its solar power business, and strengthen its efforts on environmental problems by promoting local production of the energy for local consumption.

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