Fujiwara’s special purpose company (SPC) gets a loan from Japan Finance Corporation
Fujiwara Jupiter and Fujiwara Venus farming type solar plant
Japan Finance Corporation (JFC) Tokyo branch small and medium sized enterprise department implemented the loan using “farming type photovoltaic (solar) power generation facility” to the two companies, Fujiwara Jupiter and Fujiwara Venus.
The implementation of the farming type power generation requires stricter conditions than usual. In order to achieve these conditions, especially in terms of the facility funds necessary for the implementation of the farming solar power generation, JFC decided to apply “Environmental and energy countermeasures fund” and carry out loans.
Mega Solar Project was published on The Daily NNA Vietnam
Fujiwara inc invested 64 million USD (720 million yen) to the 64 MW generating power plant in the Nhon Hoi economic zone. Its yearly electric generation capacity is 117 GWh and it will provide electricity for 55,420 families.
According to the International Energy Agency (IEA), Japan’s solar power generation capacity is 42.8GW, which is the second in the world. But Mr. Suzuki points the reasons they decided to invest in Vietnam below:
・Daylight hours in Vietnam are long
・Difficulty to connect new solar power generation plants to power grids in Japan
On the other hand, there is uncertainty about the loans from Japanese banks, because there are no government guarantees from Vietnam for mega solar projects. Mr. Suzuki mentions that this project may not bring a big profit, but it is important to be a top runner in the field.
To read the full article (PDF) ⇒NNA_IC_171102
Meet Japan 2017 “South Central Region” in Vietnam
Fujiwara received the investment certificate from People’s Committee of Binh Dinh.
※Left in the photo: Representative Director of Fujiwara Binh Dinh Osamu Kimura
Article URL: http://www.baotainguyenmoitruong.vn/kinh-te/201710/nhat-ban-day-manh-hoat-dong-tim-kiem-dau-tu-tai-khu-vuc-nam-trung-bo-2850668/index.htmt 2017.10.8 10：20
Carrying out the survey in Vietnam
Company establishment in Sri Lanka
Company establishment in Vietnam
Fujiwara’s solar and wind power generation projects were introduced on the local TV station of the Binh Dinh province
The content of the meeting is written below.
Fujiwara Binh Dinh Limited Company showed its gratitude to Mr. Nguyen (Secretary of the People’s Council chairman in Binh Dinh, the Central Committee of the Communist Party of Vietnam) and other representatives for their prompt support. Mr. Nguyen highly evaluated Fujiwara for carrying out the project in Nhơn Hội economic zone and promised their maximum support to the project.
There are about 10 Japanese companies carrying out projects in the Binh Dinh province. The project land size is 60ha, AC 100MW, 6300 USD total investment, the first phase will finish by the first quarter of 2019.
Solar sharing system between tea plantation and electricity generation was published on Chunichi newspaper
Sharing the sunlight of tea plantation, established panels in Tenryuu-ku
Incorporated non-profit organization OIKOS (Hamamatsu-shi, Tenryu-ku, Ikeda Akira) has converted the agricultural land and established a solar power plant in the tea plantation in Yokogawa, Tenryu-ku, Hamamatsu-shi. The idea of “solar sharing” is spreading over the country, and the use of mountainous area for this purpose may get some attention as a new solution.
According to the NGO, the panels were installed in 3 tea plantations totaling 30 a owned by Mr. Ikeda, in the beginning of the year. The height of the column is 2.3 meter. There is almost no influence of light blocking by the solar power generation panel, and on the contrary, there is the effect of defrosting. The method “Komogake”, which covers the tea plantation with sheets for deepening the taste and protect flavor, is used. In this case, the sheets are hanged through a hook on the support column, preventing the tea leaf from touching the sheet and scratching. The power generation is 150kW and the electricity started being sold from April. This income will be spent for returning the loans, making new investments and expansion. According to Mr. Ikeda, the population in the mountainous area is aging, and preserving the tea plantations is becoming difficult. However, some farmers are showing their interests to this activity. If the income increases from selling electricity, more people may be interested”.
※Chunichi newspaper⇒http://www.chunichi.co.jp/article/shizuoka/20170607/CK2017060602000285.html 2017.6.8 11：30
Our solar power construction project was published on “NNA ASIA”
Fujiwara, a company operating in the design and construction of solar power generation systems in Tokyo Minato-ku, is implementing a solar generating plant project in Bình Định, central southern area of Vietnam. The power generation of the solar plant in Nhơn Hội economic zone is 64,000kW, with the amount of 6.368 million dollar (7 billion yen) of investment. According to the Saigon times, the project was approved in the end of May. This is the first overseas project of Fujiwara and the first phase will start in 2018. The reasons Fujiwara decided to invest in Vietnam are its sunlight condition and reliable policies, says the representative. Fujiwara is considering investing more in other areas of Vietnam, because they believe the energy demand in the country will keep increasing.
Our solar power construction project was published on “Vietnam energy news”
Fujiwara Renewable Energy Project in NEZ
On May 30th 2017, Binh Dinh Provincial People’s Committee together with Binh Dinh Economic Zone Authority (BEZA) organized the investment certificate over handing on The Project of Generating Electric Power Plant from Solar Power Energy and Wind Power Energy for Japanese Fujiwara Company. The attendants are Mr. Phan Cao Thang, Permanent Deputy Chairman of Binh Dinh Provincial People’s Committee, Leaders of Binh Dinh Provincial Departments, including BEZA, Construction Department, Investment and Planning, Natural Resources and Environment, Industry & Trade and EVN’s Central High Voltage Electric System Company. The Fujiwara Company Leaders and their partner are included Mr. Osamu Kimura – Chairman and General Director, Mr. Katsuhiko Suzuki – Business Manager, Mr. Seiji Kurose – Tokyo Branch Manager of Fujiwara Group and Ms. Bui Hai Yen – General Manager of Vietnam KKYE Company.
The Binh Dinh Fujiwara Project of Electric Power Plant from Solar Power Energy and Wind Power Energy is an FDI project on the west slope of Phuong Mai Mountain in NEZ with total area of 60 hectares, total investment capital of USD 63.69 million, output electric capacity of 100 MW and the executing period of 50 years since releasing The Investment Certificate.
According to the registered construction schedule, The Project will be started installing in the second quarter of 2017, the first phase will be finished at the beginning of 2019 and whole project will be finished at the beginning of 2020. The output product of The Project is electric power from renewable solar and wind power, which is being considered as special preferential investment attraction of Vietnam Government. After operating, The Project will create about 100 jobs and contribute to the national budget and local social – economic development.
Mr. Osamu Kimura, Chairman and General Director of Japanese Fujiwara highly appreciated the kind attention from Binh Dinh Provincial leaders, including The People’s Committee, BEZA, provincial departments and trades since searching investment opportunities in Binh Dinh Province. He also committed to quickly set up and put The Project under operation according to the registered plan.
Also at the ceremony, Mr. Phan Cao Thang, Permanent Deputy Chairman of Binh Dinh Provincial People’s Committee, emphasized that the attraction of above project is suitable with Binh Dinh provincial strategy of investment promotion in this period. With this second Japanese project in NEZ, Mr. Deputy Chairman highly estimated the attempt from Fujiwara Company and affirmed that Binh Dinh Province will always go together with the investor and always create the best condition for all investor with project in Binh Dinh Province.
Dang Nguyen Phuc
Yokogawa solar power plant (solar sharing) in Tenryu, Hamamatsu city, Shizuoka prefecture 1 site starts operating
Yokogawa solar power plant (solar sharing) in Tenryu, Hamamatsu city, Shizuoka prefecture 2 sites start operating
Misakicho maerhara A,B,C solar power plants (solar sharing) in Isumi city, Chiba prefecture starts operating
Fujiwara’s visit to Vietnam was published on the Binh Dinh newspaper
Japanese Fujiwara Searching Investment Opportunities in Binh Dinh Province and NEZ
At the meeting, Mr. Phan Cao Thang and the others related from Binh Dinh Province were introduced about the modernest technology of solar power generating systems which has been successfully applied by Fujiwara in Japan and some other nations. The advantages of this technology is to make huge electric solar power in a narrow area. They can install solar panels on a tea plantation and do it in the later years so that this method help the farmers get double-income, one from cultivation and another by selling of electric power. This kind of technology has been increasingly expanded in Japan where there are the world’s leading earthquakes and natural disasters of typhoon occur every year. Therefore, when constructing structures, Fujiwara set up strict standards to rarely provide to the customers all over the world. However, at the meeting, Fujiwara leaders want to invest a project of solar power generating system in an area from 10 hectares to 100 hectares, locating near the substation of Vietnam Electricity (EVN).
Then the leaders of BEZA and Industry & Trade Department shared some information on existing renewable energy projects in Binh Dinh Province. At the moment, there are 08 investors on 04 locations in Phu Cat District and Phu My District. In Phuong Mai Peninsula, there is an area of about 1,000 hectares on mountain slopes with the height of 250 meters from sea level where can be carried out the project of solar power generator. And at the present, the national electric power system can be connected easily to the location in NEZ. Fujiwara leadership members were very interested in the given information and kindly request Binh Dinh Provincial Leaders to survey the locations and to give the best condition in quick investment procedure processing.
Mr. Phan Cao Thang, Permanent Deputy Chairman of Binh Dinh Provincial People’s Committee highly appreciated the ideas on investing to Binh Dinh Province from Fujiwara Company with the Advanced Project of Solar Power Generator which Vietnamese Government especially and preferentially prefer. In Binh Dinh Province, there are some investors from Germany, Spain, Thailand and Korea who have registered on generating renewable energy source. The Permanent Deputy Chairman of Binh Dinh Provincial People’s Committee kindly requested Fujiwara Company to apply the above advanced technology and should think of one project that generate both wind power and solar power in the same area. The provincial departments would go together with the investor on site survey for choosing suitable places. In case of investing agreement, Binh Dinh Province would hand over the investment certificate within one day, just like Japanese Marubeni Lumber’s Project in NEZ. Fujiwara Leaders highly appreciated the attention from Binh Dinh Provincial Leaders. Also in the afternoon of the same day, Fujiwara Company had a survey on Phuong Mai Peninsula in NEZ.
※From BinhDinh newspaper
Our project team visited Vietnam
Purpose of the visit : to visit the scheduled construction site of the solar power generation plant
Locations of the visit : Hue, Phu Yen, Nha Trang
The visit lasted for 5 days from February 20 to February 24. Vigorous opinions were exchanged among ministries and agencies, and we received promises to get full cooperation in Fujiwara’s Vietnam solar power generation construction.
◆ February 21st <Vietnam Electricity>
<Vietnamese Ministry of Foreign Affairs>
<Vietnamese Ministry of Commerce and Industry>
◆ February 22nd <Ninh Thuan>
◆ February 23rd < Phu Yen >
◆ February 24th < Binh Dinh >