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MarketScreener Homepage  >  Equities  >  Tokyo  >  Kyocera Corp    6971   JP3249600002

KYOCERA CORP

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Kyocera : finishes 28 MW solar power plant in Taiwa, Japan

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07/25/2018 | 10:25am EDT

Kyocera Corp. and Tokyo Century Corp. completed construction of a 28 MW utility-scale solar power plant in the town of Taiwa, Kurokawa District, Miyagi Prefecture, Japan.

The company has developed this 28 MW solar power plant in collaboration with Tokyo-based Tsuboi Corp. and started operations in late June 2018.

This is the companys first solar power plant in Miyagi Prefecture and its second largest solar power plant following the 29.2MW solar power plant in Tottori Prefecture.

Nearly 104,000 Kyocera solar modules will generate an estimated 33,000 MWh per year enough electricity to power about 11,100 average households and capable of providing power to almost all the local households in the town of Taiwa which is adjacent to Sendai City, the heart of the Tohoku region.

With more companies entering Miyagi Prefectures largest industrial park in this area, it is experiencing urbanization and population growth. The company hopes its solar power plant will be a local symbol of supporting peoples lives and developing the local community while coexisting with the regions rich nature.

Kyocera TCL Solar has constructed solar power plants in 67 sites across Japan including this 28 MW plant, with about 258.1 MW of total output since the company was established in August 2012. Kyocera TCL Solar, Kyocera and Tokyo Century remain committed to promoting renewable energy as well as contributing to environmental protection and the creation of a sustainable society through their solar energy business.

(c) 2018 ITP Business Publishing Ltd. All Rights Reserved. Provided by SyndiGate Media Inc. (Syndigate.info)., source Middle East & North African Newspapers

Stocks mentioned in the article
ChangeLast1st jan.
KYOCERA CORP -0.41% 6839 End-of-day quote.28.75%
TOKYO CENTURY CORP -0.78% 5120 End-of-day quote.7.56%
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Financials (JPY)
Sales 2019 1 622 B
EBIT 2019 -
Net income 2019 107 B
Finance 2019 698 B
Yield 2019 1,80%
P/E ratio 2019 23,66
P/E ratio 2020 17,20
EV / Sales 2019 1,16x
EV / Sales 2020 1,10x
Capitalization 2 583 B
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Number of Analysts 14
Average target price 7 092  JPY
Spread / Average Target 3,7%
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Managers
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Hideo Tanimoto President & Representative Director
Goro Yamaguchi Chairman
Masahiro Inagaki Senior Executive Officer, General Manager-R&D
Shoichi Aoki Director & General Manager-Business Administration
Robert E. Whisler Director
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