Toshiba Corporation (6502.T) announced that it has won a contract to develop a multi-megawatts photovoltaic (PV) project for Chubu Electric Power Co., Inc. (TOKYO: 9502)
The contract is the first that Toshiba has secured for a multi-MW PV project, and the company’s systems will be installed in Taketoyo, Aichi prefecture.
Toshiba made its full-scale entry into the solar photovoltaic systems business on January 1, 2009, when Toshiba’s Transmission Distribution & Industrial Systems Company established the Photovoltaic Systems Division. The division is charged with taking the initiative in system integration, particularly in system technology for photovoltaic inverters and microgrids, and in deploying large plant system engineering capabilities.
The project will have a 7.5-MW capacity and will be the first industrial-use photovoltaic power generator operated by Chubu Electric. The plant is scheduled to come on line in autumn 2011.
Toshiba was selected as prime contractor for development of the plant, and will be responsible for all engineering work prior to the start of construction, procurement of major equipment and components, and plant construction. The variable output of the photovoltaic cells will be converted to AC by integrated power conditioners developed by Toshiba Group. Toshiba says the conversion efficiency of the conditioners is 97.5%, a level that would place them in the world’s highest class of power conditioners.
Toshiba said it aims to secure further contracts for multi-MW PV projects and achieve a rapid expansion of the business, both in Japan and overseas, by focusing on renewable energy and energy-saving products and technologies.