• Partners with Mitsubishi’s DGC platform
• Project contracted with Toyota Motors under 15-year vPPA

Toho Gas Co. made its first US investment in a 150 MW solar project in Van Zandt County, Texas, according to a press release.

Toho Gas established a joint venture, via its Toho Gas USA Corporation, with Diamond Generating Corporation on the Goldfinch Solar project. Th JV will jointly construct, own and operate the project.

The project, constructed on 800 acres, is expected to commercialize in March 2029.

NPM Interconnection queue data identified the pre-operational solar project with a point-of-interconnection (POI) location Tap Connection Bus 2485 Poetry Switch to 3103 Shamburger Switch.

The project has entered into a 15-year virtual power purchase agreement with Toyota Motor North America, Inc. Under the VPPA, renewable energy certificates and other environmental attributes generated by the project will be provided to TMNA.

Toho Gas said in the press release, in its medium-term management plan, it intends to expand its energy and carbon-neutral-related businesses in North America.