SMFL Mirai Partners tasked Sun Village with developing and building about 11.8MW of solar power plants by December 2027, the latter announced on September 11, 2025.
According to the statement, Sun Village signed a sale and purchase agreement for non-FIT (feed-in-tariff) projects in northern Kanto, Chubu, and Hokkaido with a special purpose company affiliated with SMFL Mirai Partners. The power plants’ output is likely to be sold under PPAs.
The contract follows a separate tie-up disclosed in June 2025, under which the Sumitomo Mitsui Finance and Leasing subsidiary agreed to acquire three high-voltage grid-scale battery storage projects from Sun Village.
SMFL Mirai Partners’ website shows that the company’s portfolio included, adjusted for ownership share, 1.7GW of solar, 60MW of wind, 84MW of biomass, 16MW of hydro, and 5MW of geothermal power plants as of the end of March 2025. In addition to grid-connected generation assets under FIT and off-site PPAs, SMFL Mirai Partners also owns rooftop systems under on-site PPAs and leasing contracts.
Founded in 2012 in Tochigi Prefecture, Sun Village initially focused on building solar power plants in northern Kanto. It later expanded into other areas and has recently also been active in grid-scale BESS. It primarily develops and constructs projects for sale but also owns a portfolio of assets. The company aims to develop 50MW of new solar capacity annually going forward.
