Nippon Solar Services (NSS) completes first mega-solar power plant in Japan

16 February 2015

NSS, has completed its first mega-solar power plant, located two hours west of Tokyo in Hokuto City, Yamanashi Prefecture, with funding from Sonnedix. Hitachi Systems, Ltd. constructed the 2MW plant and will perform operation and maintenance activities. Financing under a lease structure was provided by Hitachi Capital Corporation. As part of its commitment to supporting local communities, NSS contributed a small solar system for the Hokuto City community center.

Mark Bogner, COO of NSS, said: “We are very pleased to be delivering our first renewable electricity to the Japanese electrical grid. With another high quality Hitachi-built power plant due to be completed in May, and with several larger projects in advanced stages of development, we are looking forward to a very exciting future in Japan.”

NSS (sonnedixjp.dev) is a Developer, Asset Manager, and Operator of mega-solar projects in Japan, and the trusted Japanese operator for investments made by Sonnedix, a joint venture between Sonnedix Global Holdings Ltd and IIF Solar Investment Ltd, which is owned by investors advised by J.P. Morgan Asset Management.

Sonnedix is an Independent Solar Power Producer (IPP) with a proven track record in delivering high performance cost competitive solar photovoltaic plants to the market. Sonnedix invests in, develops, builds, owns and operates solar power plants globally. For more information about Sonnedix, please visitwww.sonnedix.com.

Hitachi Capital Corporation was founded in 1957 as a subsidiary of Hitachi Ltd., and has become one of the leading financial service companies in Japan. Through subsidiaries located not only in Japan but in the United Kingdom, Poland, the United States, Canada, China, Singapore, Thailand, Malaysia and Indonesia, Hitachi Capital has a strong presence for high quality services and solutions across the world.