Softbank to revise or cancel Hokkaido megasolar power plant
SAPPORO, May 21 (Kyodo) — Softbank Corp. may revise or cancel its plan to build three megasolar power plants in Hokkaido as Hokkaido Electric Power Co. has rejected its electricity sales application, industry sources said Tuesday.
The local utility in April vowed to limit its electricity purchases from solar power plants to 400,000 kilowatts, noting its heavy purchases from solar power plants where output depends on weather conditions could destabilize electricity supply.
Hokkaido Electric said it has received 87 electricity sales applications totaling 1.57 million kilowatts under the feed-in-tariff system that requires utilities to buy electricity from such plants at fixed prices.
This indicates that more than 70 percent of the total may be rejected.
Softbank Chairman Masayoshi Son last week criticized Hokkaido Electric and other regional Japanese power utilities for attempting to limit electricity purchases from renewable energy-based power generators.