09:58 AM EST - Etrion Corporation : Announced an update on its 45 megawatt Niigata solar photovoltaic project under development in the Niigata prefecture in northern Japan. The Niigata project is configured as a 45 MW ground-mounted fixed-tilt solar PV power project. The project has secured the Feed-in-Tariff (“FiT”) of ¥36/kWh. Under the new rules established by the Japanese Ministry of Economy, Trade and Industry, the FiT for this project is not at risk, but the project is subject to a three-year limit for development from March 31, 2017. Based on the current construction schedule, the Niigata project is expected to commence operations by Q4-2021 and will benefit from 19 years of the awarded FiT. Etrion Corporation
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