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SOLAR DAILY
ABC SOLAR To Develop FIT Power Generation Plants In Japan; Inks MOU With European Firms
by Simon Mansfield
Tokyo, Japan (SPX) Oct 25, 2012


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ABC Solar Japan K.K. has signed a Memorandum of Understanding with two European solar giants to develop utility-scale solar energy plants in Japan, it was announced by company president Tetsuro Nishida in Tokyo Monday.

"Japan's energy problems are complex and we are producing reliable, cost -efficient energy solutions," said Nishida when making the announcement .

The strategic alignment with2-FIFTY-5 Green Investments Solutions GmbH and Co KG in Germany and Allalouf Investment Group [AFG] in London provides Japanese clients with industry best practices for developing, owning and operating solar systems as well as the financial resources of an established, global private equity firm.

"Our MOU brings together a n ideal collaboration team to deliver renewable energy solutions to Japan and formalizes our commitment to solar power as essential to the renewable energy mix," commented Sebastian Siegel, Managing Director of 2 - FIFTY-5 green investments solutions.

"The Japanese energy market has great potential for our shareholders and stakeholders," Siegel added.

2-FIFTY-5 and AFG, together with ABC Solar Japan, have installed hundreds of renewable energy systems ranging from 5 KW to 14 MW. The deal includes access to ABC Solar, Inc.'s global financial partners and the North American firm's Oracle - based real-time Solar Business Operating and Selling System (SBOSS) available to affiliates online at japan.co.jp today.

This is the first MOU for ABC Solar in Japan, one of several the firm is pursuing under its infrastructure acquisition program to forge strategic relationships and tactical alliances in renewable energy markets around the globe.

AFG, with its various members, have developed a large scale of disciplines and relations worldwide.

Innovation has always been a key principle for AFG and hence the company has invested a large amount of resources into technology over the last century. A firm believer in the need for renewable energy, AFG now focuses the organization on sustainable and clean technologies.

About 2-Fifty-5 2-FIFTY-5 is a German investment company with a focus on renewable energy projects in various countries. The company develops, realizes and owns solar projects in different countries. From 2008 the founders of 2-FIFTY-5 participated in the development of over 15 MW in solar projects.

2- FIFTY-5 focuses on countries with reliable local partners and stable markets with sustainable potential for investors. Today the company is active in Germany, France, Turkey, Canada and Japan.

Since 2001 ABC Solar, Inc. has brought hundreds of solar systems online in the US. The firm's experience is deep in commercial and residential solar. Japan operations launched in 2012 and are focused on high-quality solar panels, inverters and installations.

ABC Solar Japan's management has worked together for 20 years and established a great team to service solar customers from Okinawa to Hokkaido.

ABC Solar Japan's core business is the development of a robust project pipeline and distributed sales affiliate channels to utilize the proprietary Solar Business Operating System (SBOS) available at www.Japan.co.jp.

The new SBOS provides complete solar operation automation including sales, system design, permit and rebate registration. With an elegant user interface, the online tool offers customer service, staffing and affiliate management modules.

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SOLAR DAILY
Seven Worthington Schools to Receive Free Solar Power
Columbus OH (SPX) Oct 25, 2012
Seven Worthington schools will receive free power from the sun thanks to a new partnership between the school district and a local nonprofit organization. Worthington Schools is working with Solar Cascade to install solar panels on the selected schools. The panels, funded through individual and corporate donations, will provide free, clean solar power to each school for up to 50 years, the lifet ... read more


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