Japan: Obton and GSSG Solar join forces to acquire 117 MW of solar projects

Obton and GSSG Solar form a joint venture to acquire nine solar projects in Japan, totaling 117MW.

Share:

Acquisition projets solaires Japon

Obton A/S and GSSG Solar, LLC have announced their first joint venture to acquire a portfolio of nine solar projects in Japan, representing a total capacity of 117MW. Eight of these projects are already operational, generating 104 MW of electricity, and a 13 MW project is under development. Operational projects were commissioned between 2017 and 2022.
These facilities are part of Japan’s Feed-in Tariff program, introduced in 2012, and are located in seven prefectures. This acquisition marks an important step in Obton’s strategy to strengthen its presence in the Japanese renewable energies market. Despite Tokyo’s preference for nuclear power, renewable energy projects are multiplying in Japan.

Strengthening the relationship between Obton and GSSG Solar

This partnership strengthens the relationship that Obton and GSSG have developed over the past three years. Prior to this transaction, Obton had already acquired GSSG’s largest solar asset, an 82MW plant in Fukushima. Mikkel Berthelsen, Chief Acquisition Officer at Obton, emphasized the strategic importance of this collaboration for the expansion of Obton’s portfolio in Japan.
Charlie McDaniel, Partner and Head of Origination at GSSG Solar, LLC, expressed his satisfaction at the continuation of this collaboration, indicating that GSSG values long-lasting relationships with partners like Obton.

Future prospects

Yoshiyasu Sumi, Partner and Country Manager of GSSG Solar Japan Inc, mentioned that these projects will be integrated into their asset management platform, known for its ability to optimize operating projects. This acquisition reflects both companies’ ongoing commitment to developing efficient, cost-effective energy projects.
The acquisition of this portfolio of solar projects by Obton and GSSG Solar underlines the importance of international collaboration in the renewable energies sector. These companies are well positioned to continue investing and developing large-scale projects in Japan and beyond.

Facing chronic power outages, South African households are increasingly turning to solar self-generation, jeopardizing Eskom's pricing model and widening energy-access inequalities between affluent neighborhoods and disadvantaged areas.
Sol Systems has secured a $675mn credit facility to accelerate the development of 500 MW of solar and storage projects in Illinois, Ohio and Texas, backed by an international banking consortium.
The rapid rise of solar energy is disrupting Pakistan’s electricity sector, forcing the government to revise its tariff policy and introduce new taxes on solar panel imports.
Sabanci Renewables announces the acquisition of the Texan solar project Pepper from OCI Energy, strengthening its US portfolio to 660 MW and paving the way for an increase to 3 GW by 2030.
The results of recent Polish auctions reveal a predominance of photovoltaic solar, with 178 projects selected and a total capacity of 1.67 GW, while other segments found no takers.
The National Solar Energy Federation, launched on 21 June and formalised on 14 July, brings together installers, equipment suppliers and financiers to defend photovoltaics against political criticism as Paris prepares a new energy roadmap.
A $60mn subordinated loan will speed delivery of equipment for a 223 MWp solar-storage plant serving the Kamoa-Kakula copper complex, deepening the financial partnership between CrossBoundary Energy and Standard Bank South Africa.
New York developer DESRI, together with utility El Paso Electric, starts construction of the 150 MWac Santa Teresa solar complex and its 600 MWh storage system, financed by an international banking consortium.
Renewable developer Geronimo Power begins construction of the 250 MW Portage Solar park, expected to generate more than $100 mn in cumulative economic impact in Wisconsin, according to a news release issued on July 15 by PR Newswire.
African Trade & Investment Development Insurance (ATIDI) provides a liquidity guarantee to the Sokodé solar project, facilitating private financing for a 62 MW plant dedicated to Compagnie Énergie Électrique du Togo.
Three major players commit to developing five solar plants and two wind farms, with commissioning scheduled between 2027 and 2028 as part of Saudi Arabia’s national programme.
SAEL Industries will invest $954mn in a solar factory in Greater Noida, boosting Indian manufacturing capacity and supporting the national strategy to localise photovoltaic component production.
Global photovoltaic inverter shipments increased by 10% in 2024, driven by the Asia-Pacific region, which accounts for nearly seven out of ten shipments, while China consolidates its influence on the sector.
Arctech Brazil has received FINAME certification from the National Bank for Economic and Social Development, making financing more accessible for its solar trackers and consolidating its role in the Latin American solar market.
Solargik strengthens its presence in Italy with 85 MW of photovoltaic projects, including partnerships with Revalue and Free Ingegneria, to deploy systems on steep and agricultural land previously considered unexploitable.
EDF power solutions commissions two new photovoltaic plants in Moselle, together representing a capacity of 72 MWp, capable of annually supplying electricity equivalent to 36,000 inhabitants, or 30% of the population of Metz.
Solar energy reached a record share of 22.1% in the European electricity mix in June 2025, becoming for the first time the main source of electricity in the European Union, according to a report by think tank Ember.
Abraxas Power Corp. receives unprecedented authorisation from Maldivian authorities to develop a 100 MW solar project within a new special economic zone, targeting energy security and national climate objectives.
GreenYellow and Meaders Feeds Ltd finalise a second 1.8 MWp solar project under the Carbon Neutral Industrial Sector Scheme aimed at decarbonising the Mauritian industrial sector.
The Lime Kiln project, developed by Chaberton Energy and Pivot Energy, will provide renewable energy to 500 homes and businesses in Maryland, while reducing greenhouse gas emissions.