Tokyo Gas comes to US with Texas solar farm

By Jonathan Campion
The Japanese utility company Tokyo Gas is to enter the American solar market, after acquiring a prospective 500MWac solar farm in Texas...

Tokyo Gas has announced that it will create an American subsidiary, Tokyo Gas America, to manage the project, which will be developed by Hecate Energy in Chicago. 

The Texas project will be known as Aktina. Its acquisition, with a capital contribution of JP¥49 billion (US$466 million), will go through on Wednesday 5 August. 

Construction of Aktina will begin in autumn 2020, and will be brought online in stages, commencing in the second quarter of 2021. Tokyo Gas has commented that the location was chosen to be close to the high-demand load centre of Houston.

This deal is Tokyo Gas’ first acquisition outside of Japan, and will bring the company’s total solar portfolio to 1.2GW.


Featured Articles

Honeywell debunks hydrogen energy and its global challenges

Maya Gomez, Director of Green H2 CCM at Honeywell, uncovers the different types of hydrogen and the challenges of applying them for more sustainable energy

ABB Motion & WindESCo partner to strengthen wind energy

ABB Motion invests in WindESCo to sustain wind turbine performance, in a renewable energy drive that will help ABB in its net zero ambitions

Shell Energy UK and Germany acquired by Octopus Energy

Octopus delivers industry leading service whilst investing in clean energy systems — we will deliver this to the new customers too, says CEO Greg Jackson

Sustainability LIVE links to energy and electrification


Green energy: A hot topic at Sustainability LIVE 2023


Sustainability LIVE London sells out on 2023 conference