X-ELIO sells 14 MW Funaki solar project in Japan to Sun Trinity
Type: Sale · Technology: Solar · Country: Japan · Capacity: 14 MW · Announced: 2026-08-18
X-ELIO has completed the sale of the 14 MW Funaki solar project in Japan to Sun Trinity. The Funaki solar project is located in Ube, Yamaguchi Prefecture, on the site of a former golf course. The facility generates over 17,000 MWh of electricity annually, with Amazon having signed a long-term power purchase agreement for its output. This transaction highlights X-ELIO's capability to develop, construct, and transfer high-quality renewable energy assets to long-term investors. Sun Trinity is a renewable energy company jointly established by Sumitomo Corporation and Shikoku Electric Power.
Analysis
X-ELIO sold the 14 MW Funaki solar project in Japan to Sun Trinity, a renewable energy company jointly established by Sumitomo Corporation and Shikoku Electric Power. X-ELIO specializes in the development, construction, financing, and operation of solar photovoltaic (PV) plants, wind farms, and battery storage projects globally. The Funaki solar project, located in Ube, Yamaguchi Prefecture, generates over 17,000 MWh of electricity annually. Amazon, which is actively investing in renewable energy to power its operations, signed a long-term power purchase agreement for the project's output.
Key points
- X-ELIO sold the 14 MW Funaki solar project.
- Sun Trinity is the buyer.
- The project is located in Ube, Yamaguchi Prefecture, Japan.
- Amazon signed a long-term power purchase agreement for the output.
- The project generates over 17,000 MWh of electricity annually.
Counterparties
- Amazon (Offtaker)
- Sun Trinity (Buyer)
- X-Elio (Seller)
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