October 2018 |
The power plant started operation |
February 2018 |
Commissioning started |
March 2017 |
Sea walls and embankment strengthening construction works were completed and donated to the City pursuant to Kinkai ex-Salt Field Utilization Business Agreement.Embankment completion and donation ceremony. |
October 2016 |
PV panels installation started. |
April 2016 |
Pump donation ceremony |
March 2016 |
New pump installation and emergency power supply facility construction works were completed and donated to the City pursuant to Kinkai ex-Salt Field Utilization Business Agreement. |
January 2016 |
Kinkai habitat for environment preservation was completed. |
June 2015 |
SPC relocated from Marunouchi, Chiyoda-Ku, Tokyo to Setouchi City. |
May 2015 |
Central Drainage Canal dredging work was completed and donated to the City pursuant to Kinkai ex-Salt Field Utilization Business Agreement. |
March 2015 |
Chudenko became a member of the SPC. |
November 2014 |
Ground-Breaking Ceremony for Setouchi Kirei Mega Solar Power Plant was held. |
September 2014 |
EFS Japan B.V., GE EFS's subsidiary, and Toyo became members of the SPC.
SPC entered into the Syndicate Loan Agreement with 28 Financial institutions. Mandated Lead Arrangers were 3 Japanese Mega Banks, The Bank of Tokyo Mitsubishi UFJ, Ltd., Mizuho Bank, Ltd. and Sumitomo Mitsui Banking Corporation. |
July 2014 |
SPC entered into Agreement on Purchase, Supply and Interconnection of Renewable Energy Sourced Electricity with Chugoku Electric. |
March 2014 |
The City and SPC executed the Kinkai ex-Salt Field Utilization Business Agreement & Land Lease Agreement. |
October 2013 |
Okayama Prefecture, the City and SPC executed the Nature Preservation Agreement.
SPC obtained ‘Permit for a Large Scale Development' under the Okayama Prefecture Land Preservation Ordinance. |
March 2013 |
The Consortium member companies developed ‘Basic Plan for the utilization of Kinkai ex-Salt Field'. |
February 2013 |
SPC obtained from Ministry of Economy, Trade and Industry a Facility Authorization (setsubi nintei) under the Act on Special Measures Concerning Procurement of Electricity from Renewable Energy Sources by Electricity Utilities. |
October 2012 |
KUAM, as a representative of the Consortium, and the City executed the ‘Basic Agreement' whereby ‘Development of the Basic Plan for the Utilization of Kinkai ex-Salt Field' was entrusted and the basic arrangements regarding the implementation of the project were agreed. |
September 2012 |
Setouchi Future Creation Consortium (the "Consortium") composed of KUAM, Toyo Engineering ("Toyo") and some other companies responded to the City's RFP and was selected by the City. |
August 2012 |
Kuni Umi Asset Management ("KUAM") incorporated Setouchi Future Creation LLC ("SPC") as a project implementing body. |
July 2012 |
Setouchi City (the "City") announced an RFP for plan to utilize Ex-Kinkai Salt field site as a mega solar power plant (a public proposal type contractor selection process). |