PAG Renewables submitted environmental impact assessment methodology document for an up to 80MWAC/120.65MWDC solar project it is developing in Mogi Town, Tochigi Prefecture, to the relevant stakeholders on March 18, 2025.
According to the document, the company is planning to build the asset on an approximately 120 to 130ha site that currently serves as the Higashinomiya Country Club golf course. PAG Renewables aims to begin construction in 2028 and to commission the project in 2030. It plans to use 182,808 650W solar panels and TMEIC inverters.
The environmental impact assessment process started in June 2024 when the company submitted the project’s “document on primary environmental impact consideration.” At the time, the project was expected to be up to 80MWAC/140MWDC and consist of about 202,000 690W solar panels.
PAG, an Asia-Pacific-focused investment firm, closed its first, $550 million renewable energy-focused fund in May 2024. The fund’s strategy focuses on the development of solar assets in Japan, where demand for green power supplied through corporate PPAs is increasing. The Japan Energy Hub PPA database shows that PAG Renewables, which is responsible for managing PAG’s renewable portfolio, has signed at least one disclosed deal to date.
METI data suggests about 300MWDC of PAG Renewables-linked projects was sold to Nozomi Energy at the end of last year. Entities related to PAG Renewables continue to own multiple other FIT/FIP projects including a 28.8MWAC/39.0MWDC project in Yamaguchi Prefecture.
