Construction on the wind power on the northern tip of Japan’s main island is to begin as early as the summer of 2013, with a spring 2016 target for starting commercial operations. Plans call for up to 55 wind turbines with a combined generating capacity of 126,5 MW.
Besides using its own money, the Softbank affiliate will consider bank loans as a means of financing the project. The Tokyo-based company is moving to expand its wind power business in anticipation of the passage of legislation providing incentives for renewable energy.
Softbank invested about 1 billion yen in Green Power in June, becoming its top shareholder. The mobile phone carrier has emerged as a promoter of renewable energy projects across Japan.