EPC alliance formed for Japanese market
Solar Frontier has announced it will form a strategic EPC (engineering, procurement and construction) alliance with BELECTRIC and Shoseki Engineering & Construction (SEC) to combine their expertise and capabilities in CIS-based solar power plants for the growing Japan megasolar market.
The alliance will leverage BELECTRIC's rich knowhow in megasolar installation, SEC's strong market knowledge and network of suppliers, and Solar Frontier's technological strength in real-world, economical solar module performance. This combination is designed to deliver greater value in overall megasolar projects. This new alliance in Japan builds on the foundation established between Solar Frontier and Belectric, who have worked together since 2010 and established the joint venture company, PV CIStems GmbH & Co. KG, in 2012 to work on projects around the world.
The companies have already been working together on the Kunitomi Megasolar project in Miyazaki, Japan, which began operating in March this year. This alliance agreement formalizes their cooperation going forward to achieve further efficiency in execution, faster project completion and optimized return on investment. A project in Kagoshima that started this November will be the first for the trio under the new formalized alliance.
The solar and megasolar market in Japan is rapidly moving toward demand for "total solutions". Solar Frontier, BELECTRIC, and SEC have taken the opportunity to fulfill this demand by working together. The alliance is expected to strengthen the positions of all three in the growing Japanese megasolar market.
