Japan Benex will convert three solar power plants currently under the FIT scheme(one in Iwanuma City, Miyagi Prefecture, and two in Chiba City, Chiba Prefecture) to FIP, and sell the generated electricity to an aggregator, Toshiba Energy Systems, at a fixed price
Toshiba Energy Systems will then sell the power at a fixed price to Kokusai Kogyo
Kokusai Kogyo plans to supply the power procured through this PPA to multiple local governments
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