Atsushi Ito, CEO Next Energy Resources (Left) with Vassilis Papaeconomou, Managing Director, Alectris (Right) at signing ceremony for Alectris Japan Ltd.
Alectris, a global solar asset care innovation firm, and Next Energy & Resources Co., Ltd., a mega-solar and industrial solar power plant company, today announced the formation of Alectris Japan Ltd., a joint venture in the fast growing Asia renewable energy market, offering integrated solar photovoltaic (PV) operations, maintenance and asset management services.
By combining the best in class solar asset care services, software and expertise of Alectris with the proven local market expertise of Next Energy & Resources Co, the joint venture is positioned to immediately serve solar PV plant owners and operators in the region including global portfolio owners with assets in Japan. Japanese developers with assets in other countries will also benefit by the global capabilities of the joint venture.
Atsushi Ito, Chief Executive Officer of Next Energy & Resources and Vassilis Papaeconomou, Managing Director of Alectris will serve as the Co-CEO’s of the newly formed Alectris Japan Limited.
The company, with headquarters in Tokyo, started operations fully staffed locally.
“Japan is one of the most dynamic solar PV markets globally with 20 gigawatts put into operation in the last three years and another 70 in development,” said Vassilis Papaeconomou, Managing Director, Alectris. “By aligning with the highly experienced solar PV team at Next Energy, we are able to enhance their service offerings while benefiting from their local expertise. The combined strengths of the joint venture will deliver important economies of scale to developers particularly those with large portfolios looking to increase operational efficiency.”
“By integrating both companies’ knowledge and expertise acquired throughout the world and respecting diversified customers’ requirements under rapid growing Asian market, we are aiming to provide better solution to the customers,” said Atsushi Ito, CEO of Next Energy & Resources Co., Ltd.