Paraca Inc. announced on December 18, 2015, that it has completed a solar power plant with an output of about 1.7MW in Ushiwata, Kasumigaura City, Ibaraki Prefecture, Japan, and started to sell electricity generated at the plant. For the constructionof the plant, "Paraca Kasumigaura Solar Power Plant," Paraca purchased 31,020 m2 of land. The total investment is about ¥600 million (approximately $5.07 million).

Cosmo Reform Co Ltd. provided EPC (engineering, procurement and construction) services. The solar panel and PV inverter employed for the plant are products of Sharp Corp. and Toshiba Mitsubishi-Electric Industrial Systems Corp.

(TMEIC), respectively.