Japan’s Itochu Corp is planning to invest JPY 100bn (EUR 610mn) in commissioning of a solar power park in the country until 2010, according to information circulated by Reuters and Forexyard . The company notes that it will be one of the world’s largest solar parks. The Japanese have earmarked a total of JPY 110bn for investments in solar power facilities in Europe . The projects will be developed together with the Norwegian solar power technology firm Scatec As, of which Itochu Corp recently has bought a 10% stake.
Source: Intellinews-Bulgaria Today