Entertainment

Vector acquires a plan to sell the site of a solar power plant located in Saihaku-gun, Tottori Prefecture and the right to sell electricity to a third party for sale | gamebiz

Posted on April 4, 2023 by John Chow

Vector <2656> announced on April 4 that it will acquire the land for a solar power plant located in Saihaku-gun, Tottori Prefecture, and the right to sell electricity, with a plan to sell it to a third party.

The acquisition price will not be disclosed as we will proceed with negotiations with the prospective buyer as we plan to sell the power generation site to a third party. In addition, the funds raised through the third-party allotment announced in January will be used for the acquisition funds.

If the power generation site cannot be sold, the company plans to construct a solar power plant on the power generation site and sell it as a solar power plant.

Others Are Reading

John Chow

John Chow is an experienced technology news writer who has been covering the industry for over a decade. With a deep passion for all things tech, John's writing focuses on the latest developments in the world of technology, including emerging trends, breakthroughs, and innovations. John's expertise spans across various areas of tech, from hardware to software, from consumer electronics to enterprise technology. He has a knack for breaking down complex technical concepts into simple, easy-to-understand language, making his articles accessible to a wide range of readers. With a sharp eye for detail and a commitment to accuracy, John's articles are known for their insightful analysis and informative content. His work has been featured in top technology publications. In his free time, John enjoys tinkering with new gadgets, testing out the latest software, and attending tech conferences to stay up-to-date on the latest industry trends. He holds a degree in Computer Science from USF University and is based in San Francisco, where he lives with his family