Tokyo Century partners with Downing to develop 500MW of solar projects in the UK. The joint venture aims to manage the full life cycle of solar power plants, focusing on pre-construction installations. The UK government’s solar expansion plans align with Tokyo Century’s goal of expanding its renewable energy footprint internationally.

The collaboration will leverage Downing’s expertise in project development and asset management. Tokyo Century seeks to enhance its European operations by actively participating in construction and development roles. The JV aims to balance revenue generation with growth potential while contributing to clean energy solutions and decarbonisation efforts.

Tokyo Century views the UK as a crucial market for its renewable energy strategy. The JV will involve joint decision-making on asset acquisitions and project financing. By engaging with Downing, Tokyo Century aims to accelerate the creation of a diversified portfolio aligned with stable earnings and growth prospects.

The partnership will build Tokyo Century’s expertise in risk management and governance related to power plant operations. The company aims to bolster its international business management capabilities through this venture. The JV marks a significant step for Tokyo Century in advancing its European renewable energy strategy.

Read more at Yahoo Finance: Tokyo Century, Downing launch UK solar JV targeting 500MW