Financial News

Sharp Builds Mega Solar Plant in Zamyn Uud, Mongolia

- Output of 16.5 MW-dc will contribute to avoided CO2 (GHG) emissions of 24,836 tons per year -

TOKYO, Sept 14, 2018 - (JCN Newswire) - Sharp Energy Solutions Corporation (SESJ)(1) announces the completion of a mega solar power plant in Zamyn Uud, Dornogovi Province, Mongolia. The project was a collaboration with Shigemitsu Shoji Co., Ltd.(2) and Mongolian energy company Solar Tech LLC(3).

The new plant has an output of approximately 16.5 MW-dc, with annual power generation capacity estimated at 31,162 MWh/year. The output from this facility is expected to allow avoided greenhouse gas emissions of 24,836 t-CO2 per year.

Mongolia's government is aiming for 25% of its power generation capacity to come from renewable sources. Back in December 2016, Sharp, in collaboration with Shigemitsu Shoji and others, completed a large-scale 10 MW-dc solar power plant. This was the first solar facility of its kind in Mongolia. Sharp remains committed to spreading renewable energy around the world.

(1) SESJ is a wholly owned subsidiary of Sharp Corporation, specializing in energy solutions such as the sales of PV systems and the installation of electrical equipment.Headquarters: Yao, Osaka Prefecture; President: Hiroshi Sasaoka(2) Shigemitsu Shoji is a trading company handling the import/export of building materials and textiles such as towels. It also operates a solar power generation business.Headquarters: Kanazawa, Ishikawa Prefecture; President: Gegen Tana(3) Solar Tech's main business is developing and operating solar power plants.Headquarters: Ulaanbaatar, Mongolia; Representative: Ganzorigt Luvsanjamba

About Sharp Corporation

Sharp Corporation (TSE: 6753) is a worldwide developer of innovative products and core technologies that play a key role in shaping the future of electronics. As a leader in liquid crystal displays (LCDs) and digital technologies, Sharp offers one of the broadest and most advanced lines of consumer electronics, information products and electronic components, while also creating new network businesses. For more information, please visit www.sharp.co.jp

Source: Sharp Corporation

Contact:

Miyuki Nakayama
Tokyo Public Relations and Media Liaison Office
Sharp Corporation
Tel: +81-3-5446-8205
Fax: +81-3-5446-8206

Copyright 2018 JCN Newswire . All rights reserved.

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