First Solar receives loan facility for utility-scale solar projects in Japan
Tokyo - First Solar, Inc. announced that Mizuho Bank Ltd. was extending a low interest construction loan facility of up to US$33 Million (4 billion yen) in Japan to First Solar Japan GK to develop utility-scale solar power plants.
Jack Curtis, First Solar's Regional Manager for Asia Pacific said, "The loan facility offering for PV utility-scale solar projects will further enhance Japan's ongoing efforts to reduce its dependency on imported fossil fuels. Mizuho Bank Ltd.'s support for First Solar's project development is expected to encourage further participation with more private investments in the PV utility-scale solar sector in Japan."
Source: IWR Online, 01 Oct 2015