Itochu and Tokyo Century have formed a 50/50 joint venture (JV) for the development of wind and solar projects in the US totalling 467MW.
According to a recent announcement by Itochu, the JV is investing in the 211MW Grandview wind farm in Texas and in two solar parks in West Virginia and Iowa with a combined capacity of 256MW.
Once these assets are operational, the solar power plants alone will produce enough power to meet the needs of approximately 50,000 homes in the US.
For more information on renewables projects in the US, please visit EICDataStream.