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Solar Stocks; KYOCERA (NYSE:KYO) (TOKYO:6971) to Supply 30MW of Modules for Solar Power Plant in Northern Japan

Category: Investment, Solar, Renewable Energy

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News about Kyocera Corporation

KYOTO - September 27, 2012 (Investorideas.com renewable energy newswire) Kyocera Corporation (NYSE:KYO)(TOKYO:6971) announced that its subsidiary in charge of domestic sales of solar equipment, Kyocera Solar Corporation, will provide 30 megawatts (MW) of solar modules (approximately 135,000 units) for a utility-scale solar power plant in the northern prefecture of Hokkaido, Japan. The project will be designed and constructed by Yonden Engineering Co., Inc.

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The project will be operated by Eurus Energy Group's subsidiary in charge of renewable energy generation business, with plans for construction to start in October of this year and operations to start in March 2014. The solar power plant is expected to generate the equivalent amount of annual power for roughly 9,600 typical households, off-setting roughly 11,000 tons of CO2 per year.

Overview

LocationShiranuka Town , Shiranuka County , Hokkaido , Japan
Site areaApprox. 625,192m2
Power outputApprox. 30MW
No. of modulesApprox. 135,000
Annual power generation (estimate)Equivalent amount for 9,600 typical households
Start of operationsMarch 2014

Born of the company's years of experience in the solar industry, Kyocera is recognized for its high-quality products and stable supply capabilities, along with its system engineering & construction knowhow, which has earned Kyocera the largest share*1 of the Japanese market for installation volume of large-scale, public- and industrial-use solar power.

Following the July start of a new feed-in tariff (FIT) in Japan , large-scale solar power plant projects have been popping up across the country, with estimates that the domestic solar market will double compared to the previous fiscal year. By supplying highly reliable, high-quality products for the expanding solar market, Kyocera strives to contribute to climate change prevention.

Since starting R&D of solar energy in 1975, Kyocera has thoroughly strived to enhance the quality and longevity of its solar products. Illustrating the high quality and reliability of Kyocera‘s solar modules, the company has been recognized by numerous third-party organizations, including being the first in the world to be certified by TUV Rheinland's Long-Term Sequential Test; as well as having the non-profit Fraunhofer Center for Silicon Photovoltaics CSP‘s potential induced degradation (PID) test demonstrate that Kyocera‘s modules do not show any degradation after being subjected to high voltage stress testing.

*1 Based on research by Kyocera; as of September 2012.

For more information about Kyocera Solar Energy: http://global.kyocera.com/reliability/

About KYOCERA

Kyocera Corporation (NYSE:KYO)( TOKYO :6971) (http://global.kyocera.com/), the parent and global headquarters of the Kyocera Group, was founded in 1959 as a producer of fine ceramics (also known as “advanced ceramics”). By combining these engineered materials with metals and plastics, and integrating them with other technologies, Kyocera has become a leading supplier of solar power generating systems, telecommunications equipment, printers, copiers, electronic components, semiconductor packages, cutting tools and industrial ceramics. During the year ended March 31, 2012, the company's net sales totaled 1.19 trillion yen (approx. USD14.5 billion). The company is ranked #426 on Forbes magazine's 2012 “Global 2000” listing of the world's largest publicly traded companies.

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