Japan Asia Investment Co Ltd. announced that it has started the construction of 11.3MW solar power plant in Izunokuni City, Shizuoka Prefecture, Japan, in partnership with Renewable Japan Co Ltd. The plant is scheduled to be completed in June 2017. Sharp Corp. provides EPC (engineering, procurement and construction) services.

The solar panel and PV inverter employed for the plant are products of Sharp and Fuji Electric Co Ltd, respectively. The plant is expected to generate about 13,240,000 kWh of electricity, which is equivalent to the amount consumed by 3,800 households, per year. Electricity generated at the plant will be sold to Tokyo Electric Power Co Inc. for a price of ¥36/kWh.