TOKYO, Jun 15 (Pulse News Wire) – Kaihan CO.,LTD. (3133.T) announced today that its subsidiary, KR Energy 1st General Partnership, signed individual contracts for 33 solar power facilities based on agreements made with Sun Life Corporation.
These facilities are part of a larger project aimed at developing Non-FIT low-voltage solar power plants totaling 31.350 MW-DC/16.335 MW-AC across Japan by September 2026. Construction is expected to begin in June 2026, with operations set to commence sequentially by the end of September 2026. The total cost for securing these assets is estimated at June 15, 2026.
The remaining 17 facilities are currently being reviewed, and individual contract signings will be announced upon completion. This move follows previous announcements related to long-term power purchase agreements with a global IT firm, which aim to develop and operate these solar power stations. The company plans to contribute approximately September 02, 2025 to revenue through electricity sales beginning in fiscal 2027.
Funding for the projects will come from internal resources and future loans from financial institutions.
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