Simultaneous translation available


 
08:45 Welcome words - Masatoshi Akimoto

MASATOSHI AKIMOTO /// LDP MEMBER - LIBERAL DEMOCRATIC PARTY
Masatoshi Akimoto is LDP member of the Liberal Democratic Party. First elected in December 2012, now in his 2nd term. He served as secretary general of the Renewable Energy Promotion Extension Committee for over four years and served as Secretary General of the Liberal Democratic Energy Policy Delegation Association concurrently.
"Akimoto's Renewable Energy Nagatacho Report" is serialized once a month in the magazine "Sou Sho Chiku Energy Times".
Mr. Akimoto is also actively involved in several committees and organizations: Land Transport Commission Committee Member, Financial Advisory Committee Member, Assistant Director of the LDP Administration Promotion Headquarters, LDP Youth Deputy Director, LDP Liberal Democratic Department Deputy Director, Liberal Democratic Party Transportation Committee Vice Chairman.
MASATOSHI AKIMOTO
LDP MEMBER - LIBERAL DEMOCRATIC PARTY
Session 5 - Project Development and EPC
09:10 Reflections on EPC and Project Development in Japan
  • • What characterizes EPC and PD in the Japanese market compared to overseas markets
  • • Japan’s complex microclimates and complex sites: impact on assessing project feasibility
  • • Opportunities to decrease costs of Construction and improve quality of Development
  • • Impact of applying international lessons learned on O&M and Asset Management
STEFANO CRUCCU /// SR. PROJECT MANAGER - SOLARPLAZA
Stefano Cruccu is Project Manager at Solarplaza and currently responsible for the company's line of Solar Asset Management events taking place in Europe, USA and Japan. Stefano joined Solarplaza in 2011, taking a lead role in the acquisitions team and managing global accounts. Over the course of 2012 he has assumed more project-focused roles and has become deeply involved in the concept development and organization of new events. Stefano has built up specific expertise in the fields of Solar Asset Management, Operations & Maintenance and Solar Crowd Funding. Alongside his work for Solarplaza, he has been involved in crowd funding initiatives in the northern provinces of The Netherlands. Stefano received his education at the Delft University of Technology and holds a Masters degree in Industrial Design Engineering (Strategic Product Design).
MODERATOR
STEFANO CRUCCU
SR. PROJECT MANAGER /// SOLARPLAZA
PHIL NAPIER-MOORE /// SOLAR PROGRAMME DIRECTOR ASIA PACIFIC - MOTT MACDONALD
Phil Napier-Moore leads Mott MacDonald’s technical advisory work for solar power in the Asia Pacific region. Supporting PV plant investors and lenders from the sector’s infancy in 2008, he has overseen the regional solar team’s technical inputs to more than 5000 MW of PV projects in Asia, including more than 200 plants now in operation.
He has directed and managed projects for a range of multilateral agencies, national governments and a large number of private companies, working internationally on low-carbon power projects in 30 countries around the world, in particular within Asia and Europe.
A Chartered Energy Engineer, he obtained his Masters of Engineering from Oxford University.
PHIL NAPIER-MOORE
SOLAR PROGRAMME DIRECTOR ASIA PACIFIC /// MOTT MACDONALD
RAFAEL PERIS /// HEAD OF ENGINEERING - SONNEDIX
Mr. Peris is Head of Engineering at Sonnedix Japan K.K., in charge of all project technical matters for the company in Japan. Sonnedix is a global solar power producer with 500 MW of operating generating capacities. Sonnedix is substantially owned by investors advised by J.P. Morgan Asset Management. The group is present in Japan through its trusted operator Sonnedix Japan K.K. (formerly known as Nippon Solar Services), managing multiple solar power plants at various stages of development or in operation in the country.
Mr. Peris has over 11 years of experience in the solar photovoltaic industry, in different roles from project development, site and project management to engineering and construction leadership in different countries such as Spain, Italy, France, Germany, Puerto Rico, Mexico and Japan.
Over the past 5 years with Sonnedix, he managed locally the EPC team in several projects in Puerto Rico before being relocated to Japan to establish and manage locally the engineering department for Sonnedix Japan K.K.
Mr. Peris worked in various management and leadership positions in the solar sector such as for Phoenix Solar, AES Corporation and GP Joule. He started his career as an industrial engineer in the automotive sector as part of the EPC team for providing assembly production lines for German and US car makers in Europe, shifting to the solar sector in 2006. Mr. Peris holds a Bachelor of Engineering in Electrical and Electronics from the University Polytechnic of Valencia, Spain with his thesis about solar air collectors from the Hochshule Mitteweida, Germany.
RAFAEL PERIS
HEAD OF ENGINEERING - SONNEDIX
DAVID VALLEJO /// EXECUTIVE DIRECTOR - SOLARIG
David Vallejo Muñoz has 10 year-experience in the Solar Business Worldwide, and heading Solarig Japan since 2012. Achievements in Japan: (a) Development: > 40MW (b) EPC: 2,3MW built, 13.5 MW under construction and 20MW secured (c) O&M: 159MW operating and 65MW secured. Leading the Japanese O&M third party service offering international standards as PR and availability warranties. Nowadays, leading the expansion to the business to other APAC areas as well.
He was heading business of Solarig in Italy with >70 MW design, development, constructed and operative by Solarig subsidiaries. He is a member of the Solarig Steering Committee since 2009 involved in all the business development and strategic company decisions.
He is an entrepreneur spirit owning solar investments and advisory for some startups. Graduated in 2015 in the Executive MBA Instituto de Empresa (IE), top 10% performance. Fluently in English, Italian and Spanish. Regularly runner and travel devotee.
DAVID VALLEJO
EXECUTIVE DIRECTOR /// SOLARIG

10:00 AM COFFEE BREAK
Sponsored by: First Solar

Session 6A | Solar grid integration

10:45 Grid related challenges in Japan
  • • Current grid status congestion of regional utilities
  • • Insights into bidding scheme for grid connection
  • • Government guidelines for standardized curtailment rules
  • • Impact of full liberalization of the electricity retail market
  • • Looking ahead: unbundling the transmission and distribution sector
HARUKI YAMAYA /// SR RESEARCHER - RTS CORPORATION
A short bio will follow soon...
HARUKI YAMAYA
SR RESEARCHER /// RTS CORPORATION
11:30 Fair utilization environment of the Power System
  • • Cross-regional coordination of transmission operators - role and efforts of OCCTO
TAKAO SHINJI /// GENERAL MANAGER, GENERAL PLANNING DEPARTMENT - OCCTO
Takao Shinji joined Tokyo Gas Co., Ltd. in 1987, engaged in the engineering, development of electrical and control technology for distributed power sources including co-generation. He also participated in formulation of grid interconnection technology requirement guidelines.
From 2006 - 2008 he was general director of the Electric Power System Utilization Council (ESCJ) Business Group.
From 2008 - 2017 he engaged in research and promotion of smart energy networks.
In April 2017, he was appointed General Manager in the General Planning Department of OCCTO. He is also adjunct Researcher at the Advanced Grid Laboratory of Waseda University.
He is a doctor of engineering and professional electric and electronics engineer.
ember of several associations such as IEEE, Institute of Electrical Engineers and the Institute of Electrical Engineers.
TAKAO SHINJI
GENERAL MANAGER, GENERAL PLANNING DEPARTMENT /// OCCTO
12:00 International experiences and solutions with grid challenges
  • • Solutions applied overseas to enable deeper penetration of renewables
  • • Case studies: facing grid congestion
  • • How battery storage, smart grids and ancillary services could help solve grid problems in Japan
OLIVIER RENON /// EXECUTIVE VP - SONNEDIX
Mr. Renon is Executive Vice President at Sonnedix, in charge of overseeing investments in Asia. Sonnedix is a global solar power producer with 500 MW of operating generating capacities. Sonnedix is substantially owned by investors advised by J.P. Morgan Asset Management. The group is present in Japan through its trusted operator Sonnedix Japan K.K. (formerly known as Nippon Solar Services), managing multiple solar power plants at various stages of development or in operation in the country.
Mr. Renon has over 15 years of experience in the power industry, in roles including business development, project finance, execution and team leadership. Over the past 5 years with Sonnedix, he drove business development initiatives in Chile and South Africa, successfully establishing and leading the group branch in Cape Town, resulting in the commissioning of close to 100 MW of operating capacity. Prior to Sonnedix, Mr. Renon worked in various business development and directorship positions for AES Corporation. He started his career as a nuclear engineer with the French utility EDF. Mr. Renon holds an engineering Master Degree from the Ecole Centrale and a Master of Business Administration from the Sorbonne University in France.
OLIVIER RENON
EXECUTIVE VP /// SONNEDIX

Session 6B | M&A and Secondary Market

10:45 Solar project transactions in Japan
  • • Identifying different types and structures of transactions
  • • Key differences between development phase and operational project transactions
  • • Common mistakes in structuring deals
  • • Considerations, interests and requirements linked with different types of buyers and sellers
DAVID LITT /// PROFESSOR - KEIO UNIVERSITY LAW SCHOOL
David Litt is a Professor at Keio University Law School, where he teaches international business, comparative law and public policy-related subjects. His research interests focus on corporate law, corporate governance, and energy law and policy. David serves as co-chair of the Energy Committee of the American Chamber of Commerce in Japan, and acts as an adviser to or director of several privately held Japanese companies. From 2012 to early 2015, he co-founded and co-managed a business that developed projects under Japan’s feed-in-tariff (FIT) for renewable energy. He previously served as a partner of the law firms of O’Melveny & Myers LLP and Morrison & Foerster LLP. David was co-head of MoFo’s investment fund formation practice, and was recognized by various industry publications as a leading lawyer in the corporate/M&A and investment fund areas. David served as a law clerk to Justice Anthony M. Kennedy of the U.S. Supreme Court and Chief Judge Alfred T. Goodwin, of the U.S. Court of Appeals for the Ninth Circuit. He is a graduate of Yale University and the University of Chicago Law School.
MODERATOR
DAVID LITT
PROFESSOR /// KEIO UNIVERSITY LAW SCHOOL
EUGENE ROUSSIN /// PARTNER, TRANSACTION ADVISORY GROUP - KPMG TAX CORPORATION
Eugene joined KPMG in 2007 and has throughout that time principally focused on advising investors in respect of the tax aspects of their investments in Japan. This has encompassed the provision of advice on structuring investments, M&A transactions and cross border operations (both inbound and outbound), due diligence assistance, tax audit support as well as general tax planning.
Since the introduction of the Japanese FIT regime in 2012, Eugene has spent the majority of his time working with solar and renewable energy clients with respect to structuring their investments in Japan. This has allowed him to develop a market leading level of expertise and experience in the sector, and he counts many of the largest international players amongst his clients.
Eugene has been in Japan for over 13 years and is fluent in Japanese.
EUGENE ROUSSIN
PARTNER, TRANSACTION ADVISORY GROUP /// KPMG TAX CORPORATION
11:15 Due diligence involved in solar transactions
  • • What really makes a PV project bankable
  • • Key technical, legal and financial due diligence considerations
  • • Challenges and pitfalls in assessing the real value and price of an asset
  • • Lessons learned with modeling asset performance and cash flows
DAVID LITT /// PROFESSOR - KEIO UNIVERSITY LAW SCHOOL
David Litt is a Professor at Keio University Law School, where he teaches international business, comparative law and public policy-related subjects. His research interests focus on corporate law, corporate governance, and energy law and policy. David serves as co-chair of the Energy Committee of the American Chamber of Commerce in Japan, and acts as an adviser to or director of several privately held Japanese companies. From 2012 to early 2015, he co-founded and co-managed a business that developed projects under Japan’s feed-in-tariff (FIT) for renewable energy. He previously served as a partner of the law firms of O’Melveny & Myers LLP and Morrison & Foerster LLP. David was co-head of MoFo’s investment fund formation practice, and was recognized by various industry publications as a leading lawyer in the corporate/M&A and investment fund areas. David served as a law clerk to Justice Anthony M. Kennedy of the U.S. Supreme Court and Chief Judge Alfred T. Goodwin, of the U.S. Court of Appeals for the Ninth Circuit. He is a graduate of Yale University and the University of Chicago Law School.
MODERATOR
DAVID LITT
PROFESSOR /// KEIO UNIVERSITY LAW SCHOOL
LUKE JOHNSON /// PARTNER TECHNICAL ENGINEERING - REM JAPAN
Luke is a Solar Engineer with over 15 years' experience in the solar industry in six countries. He has lived and worked in Japanese Solar industry continuously since 2008.
He started as a research engineer for the diffusion process in solar cell manufacturing at Q-cells AG in Germany and process quality control in solar module manufacturing at Suntech. He then worked on silicon solar cell degradation research at the Australian National University in Canberra.
Luke is currently the co-founder and CEO of Sunpulse K.K. in Tokyo that has completed over 2,000 MW of design and due-diligence on solar plants in Japan. He has published 10 research publications on solar irradiance datasets, solar module reliability and design, outdoor and accelerated testing and snow and yield calculation methodologies in Japan. His current research preoccupations include long-term outdoor exposure of solar modules and solar module degradation, solar project yield estimation and global solar and financial market interaction.
LUKE JOHNSON
PARTNER TECHNICAL ENGINEERING /// REM JAPAN
MARTIN STEIN /// SENIOR MANAGER - SHINSEI BANK
Mr. Martin Stein graduated from Durham University (BA) in 2003 and Cambridge University (MPhil) in 2004. Before joining Shinsei Bank in Tokyo in 2007, he was at ING Bank in London, working on M&A and leveraged buyouts (LBO). In both ING and Shinsei he has worked most of his career on leveraged buyout transactions for private equity sponsors. During 2012-14 he worked for Tokyo Star Bank in Tokyo. Currently with Shinsei he focuses on project finance in Japan (mainly solar PV), international project finance and LBO/M&A.
MARTIN STEIN
SENIOR MANAGER /// SHINSEI BANK
YUKO INUI /// SENIOR ASSOCIATE - ORRICK
Yuko Inui, a senior associate in Orrick's Tokyo office, is a member of the Energy and Infrastructure Group. Her practice focuses on renewable energy projects, real estate transactions and environmental conservation.
Before joining Orrick, Ms. Inui was an associate at the Tokyo office of Atsumi & Partners until 2006. Previously, she worked in the Malaysian office of BirdLife International, an international environmental NGO. From 2001 to 2003, Ms. Inui worked at the Japan Bank for International Cooperation (JBIC), where she was involved in environmental and social compliance matters with relation to yen-denominated loan projects.
Ms. Inui is a member of the environmental preservation committees of the Japan Federation of Bar Associations.
YUKO INUI
SENIOR ASSOCIATE - ORRICK
12:05 Refinance strategies in Japan
  • • Options and benefits of refinance strategies
  • • Common approaches overseas and in Japan
  • • Alternatives for refinancing by banks
TORU INOUE /// HEAD STRUCTURED FINANCE - GOLDMAN SACHS
Toru Inoue is head of Infrastructure and Structured Finance within the Investment Banking Division of Goldman Sachs Japan, where he is responsible for both securitization and infrastructure financing. He arranged Japan’s first revenue bond (Ibaraki Prefecture Econ Frontier Revenue Trust) in 2011 and the first rated bond financing for mega solar power plants (JRE Mega Solar Project Bond Trust) in 2013. Toru joined Goldman Sachs in 2006 from Nikko Salmon Smith Barney, where he was the head of securitization. Prior to Nikko Salomon, he has held roles in real estate securitization, consulting and planning at Citibank, Arthur Andersen and Nomura Real Estate. Toru earned a Bachelor of Law from Keio University in 1989.
DAVID LITT /// PROFESSOR - KEIO UNIVERSITY LAW SCHOOL
David Litt is a Professor at Keio University Law School, where he teaches international business, comparative law and public policy-related subjects. His research interests focus on corporate law, corporate governance, and energy law and policy. David serves as co-chair of the Energy Committee of the American Chamber of Commerce in Japan, and acts as an adviser to or director of several privately held Japanese companies. From 2012 to early 2015, he co-founded and co-managed a business that developed projects under Japan’s feed-in-tariff (FIT) for renewable energy. He previously served as a partner of the law firms of O’Melveny & Myers LLP and Morrison & Foerster LLP. David was co-head of MoFo’s investment fund formation practice, and was recognized by various industry publications as a leading lawyer in the corporate/M&A and investment fund areas. David served as a law clerk to Justice Anthony M. Kennedy of the U.S. Supreme Court and Chief Judge Alfred T. Goodwin, of the U.S. Court of Appeals for the Ninth Circuit. He is a graduate of Yale University and the University of Chicago Law School.
MODERATOR
DAVID LITT
PROFESSOR /// KEIO UNIVERSITY LAW SCHOOL
TORU INOUE
HEAD STRUCTURED FINANCE - GOLDMAN SACHS
MARTIN STEIN /// SENIOR MANAGER - SHINSEI BANK
Mr. Martin Stein graduated from Durham University (BA) in 2003 and Cambridge University (MPhil) in 2004. Before joining Shinsei Bank in Tokyo in 2007, he was at ING Bank in London, working on M&A and leveraged buyouts (LBO). In both ING and Shinsei he has worked most of his career on leveraged buyout transactions for private equity sponsors. During 2012-14 he worked for Tokyo Star Bank in Tokyo. Currently with Shinsei he focuses on project finance in Japan (mainly solar PV), international project finance and LBO/M&A.
MARTIN STEIN
SENIOR MANAGER /// SHINSEI BANK
12:45 LUNCH BREAK

Session 7A | Battery Storage

13:45 Storage current panorama and opportunities
  • • How battery storage can increase the potential share of solar in Japan’s electricity mix
  • • How regulation could more effectively stimulate battery storage development
  • • Emerging technologies: flywheels, fuel cells
  • • Financial implications of storage implementation on solar projects
I-CHUN HSIAO /// ANALYST - BNEF
I-Chun Hsiao is an analyst in the Tokyo office of Bloomberg New Energy Finance (BNEF). A member of the Energy Storage team his research looks at how batteries could enable greater integration of renewable generation, provide ancillary services such as frequency regulation, and behind-the-meter power bill management.
I-Chun worked at the World Bank, the UNFCCC, and the UN Foundation before joining BNEF. There his research ranged from leveraging private investments to meet the financing needs of the Sustainable Energy for All initiative, to approaches for operationalizing the principle of equity in the COP21 climate agreement, and strategies to promote a major scaling up of energy efficiency activities worldwide.
I-Chun holds a MPP from Harvard University and a MS in Mechanical Engineering from Stanford University.
I-CHUN HSIAO
ANALYST /// BNEF
14:25 Operation of Utility-scale storage projects
  • • Landscape of operational and in-construction solar plants with battery storage
  • • Design and installation challenges of PV+storage projects
  • • O&M implications of storage
  • • Visions going forward
NARUTO YOSHIMARU /// SENIOR PRINCIPAL - ACCENTURE
A short description will follow soon...
NARUTO YOSHIMARU
SENIOR PRINCIPAL - ACCENTURE
GO SEKIGUCHI /// FOUNDER - RENEWABLE POWER DEVELOPMENT
A short description will follow soon...
GO SEKIGUCHI
FOUNDER - RENEWABLE POWER DEVELOPMENT

Session 7B | Solar funds & Asset Insurance

13:45 Solar & Infrastructure funds
  • • Characteristics of the listed infrastructure fund market
  • • Experience with managing an investment corporation
  • • Going forward: approaches and visions
DAVID LEWIS /// PARTNER, TRANSACTION ADVISORY GROUP - KPMG TAX CORPORATION
David has extensive, market leading experience in transactions involving Japan. He has worked as lead tax partner on some of the largest transactions in Japan for both Japan and foreign based clients, providing services relating to the establishment of funds for retail and corporate/institutional investors, M&A, due diligence, reorganizations, securitizations, and operational tax advisory.
David was an early entrant into advising on PV investments since the introduction of the Japanese FIT in 2012 and has market leading experience on such deals, particularly with respect to structuring of foreign investment into Japanese solar.
In this time, he has helped numerous clients with their investments in solar facilities. His clients cover the breadth of market participants and include solar and renewable energy funds, developers, EPCs, trading houses and high net worth individuals.
In addition to tax structuring of investments in the renewable energy sector and related advisory, David has also assisted clients in negotiations, deal referral, obtaining bank financing and overall project management.
David is head of infrastructure for KPMG Tax in Asia.
David has been in Japan for over 17 years and is fluent in Japanese.
MODERATOR
DAVID LEWIS
PARTNER, TRANSACTION ADVISORY GROUP /// KPMG TAX CORPORATION
TAKAYOSHI HIIRO /// SR. STATUTORY EXECUTIVE OFFICER - ICHIGO INVESTMENT ADVISORS
Hiiro is the Head of Ichigo’s Green Infrastructure Division within Ichigo Investment Advisors, and in December 2016 led the Tokyo Stock Exchange IPO of Ichigo’s solar YieldCo, Ichigo Green Infrastructure Investment Corporation (“Ichigo Green,” securities code 9282). Ichigo Green currently manages 13 Japanese solar power plants with a total panel output of 26MW. After serving as Director of Equity Sales at Merrill Lynch and Executive Director at Morgan Stanley, Hiiro joined Ichigo in 2013 as Ichigo Investment Advisor’s Senior Statutory Executive Officer and Deputy Head of Acquisitions & Sales. He became the Executive Managing Director & Statutory Executive Officer at Ichigo ECO Energy in September 2013 to lead the sales division of Ichigo’s Clean Energy business.
TAKAYOSHI HIIRO
SR. STATUTORY EXECUTIVE OFFICER /// ICHIGO INVESTMENT ADVISORS
MAMORU TAKAHASHI /// INVESTMENT DIRECTOR - TAKARA ASSET MANAGEMENT CO.,LTD
Mr.Takahashi has been working as a real estate appraiser since 1996. He is a Real Estat Transaction Specialist at JAREA (Japan Association of Real Estate Appraisars), where he is also a committee member. In 2002, Mr. Takahashi joined Shinsei Bank as a silent partner overseeing the investment business. Mr. Takahashi joined Takara Leben in 2014 and was later transferred to Takara Asset Management with a task to introduce Takara Leben’s Solar facilities in the infrastructure fund market. Takara Leben Infrastructure Fund, Inc. is scheduled to go public in the Tokyo Stock Exchange, on June 2 2016.
MAMORU TAKAHASHI
INVESTMENT DIRECTOR /// TAKARA ASSET MANAGEMENT CO.,LTD
14:25 Linking solar performance and losses to risk and valuation?
  • • Operational and generation risks and mitigation
  • • Probabilistic approach to Yield Forecasting
  • • Wrapping underlying project warranties with investment grade credit
  • • Long term Yield Insurance opportunities
  • • Increasing the credit-worthiness of projects through rating agencies
DAVID LEWIS /// PARTNER, TRANSACTION ADVISORY GROUP - KPMG TAX CORPORATION
David has extensive, market leading experience in transactions involving Japan. He has worked as lead tax partner on some of the largest transactions in Japan for both Japan and foreign based clients, providing services relating to the establishment of funds for retail and corporate/institutional investors, M&A, due diligence, reorganizations, securitizations, and operational tax advisory.
David was an early entrant into advising on PV investments since the introduction of the Japanese FIT in 2012 and has market leading experience on such deals, particularly with respect to structuring of foreign investment into Japanese solar.
In this time, he has helped numerous clients with their investments in solar facilities. His clients cover the breadth of market participants and include solar and renewable energy funds, developers, EPCs, trading houses and high net worth individuals.
In addition to tax structuring of investments in the renewable energy sector and related advisory, David has also assisted clients in negotiations, deal referral, obtaining bank financing and overall project management.
David is head of infrastructure for KPMG Tax in Asia.
David has been in Japan for over 17 years and is fluent in Japanese.
MODERATOR
DAVID LEWIS
PARTNER, TRANSACTION ADVISORY GROUP /// KPMG TAX CORPORATION
JAN NAPIORKOWSKI /// VP RENEWABLE ENERGY - ARIEL RE
After switching the automotive industry for reinsurance, Jan developed the insurance market for solar performance warranties since 2009 and was heading Munich Re’s Asian Renewable Energy business out of Hong Kong for 6 years. Early 2016 Jan joined Ariel Re, a Lloyd’s of London Syndicate now merged with Argo Group (NYSE: AGII) and launched a new series of products in the space of power outage solutions for utility or C&I portfolios of renewable projects.
Jan is a trained theoretical physicist and holds a MBA in Insurance and Risk Management.
JAN NAPIORKOWSKI
VP RENEWABLE ENERGY /// ARIEL RE
FUMIHIRO HONDA /// SENIOR ANALYST - JCR
Senior Analyst and Division Manager, Structured Finance Project & Asset Finace Division, Japan Credit Rating Agency, Ltd. Mr. Honda took the initiative in establishment of Project and Asset Finance Division at JCR. He is also currently one of the committee member on Market Creation for promoting Green Investment, Ministry of the Environment Government of Japan. Mr. Honda prior to joining JCR was a banker at Mitsui Bank(currently SMBC). He gained extensive experience, knowledge and insight in Japanese financial institutions, domestic project and asset finance such as Haneda airport international terminal PFI, ship finance, aircraft backed loan from over 15 years of working at JCR. Mr. Honda holds a Master of Arts in Economics from Chiba University and a Chartered Member of the Securities Analysts Association of Japan.
FUMIHIRO HONDA
SENIOR ANALYST /// JCR
SEBASTIAN PETRETSCHEK /// VICE GENERAL MANAGER - TÜV RHEINLAND
Sebastian Petretschek holds a degree in Technology Management from the University of Stuttgart, Germany and has spent parts of his studies at Tsinghua University in Beijing.
Sebastian has been active in solar photovoltaic business since 2009. For utility-scale PV projects in Europe, Middle East, South America, South Africa, India, Japan and China he has acted as Independent Engineer for investors, lenders and insurance companies. He has conducted numerous technical due diligence reviews - including yield as well as EPC and O&M contract assessments - and has performed construction and operation monitoring services. Further, Sebastian is a specialist for quality assurance along the value chain of PV components, particularly PV modules.
Sebastian is heading TÜV Rheinland’s PV Power Plant Independent Engineering business in Asia and is the Director of the Global Technical Competence Center for Independent Engineering Services.
SEBASTIAN PETRETSCHEK
VICE GENERAL MANAGER /// TÜV RHEINLAND
15:10 PM COFFEE BREAK
Sponsored by: GreenPowerMonitor
Session 8 - The road forward for solar energy in Japan
15:45 Solar business models at lower FiTs: game over or a new phase?
  • • Looking beyond the FiT-era: How will PV still be financially feasible in Japan?
  • • Effective strategies for reducing (operating) costs
  • • Where are current market trends leading the Japanese solar market in 3 years from now
  • • Strategies to effectively face new market challenges
STEFANO CRUCCU /// SR. PROJECT MANAGER - SOLARPLAZA
Stefano Cruccu is Project Manager at Solarplaza and currently responsible for the company's line of Solar Asset Management events taking place in Europe, USA and Japan. Stefano joined Solarplaza in 2011, taking a lead role in the acquisitions team and managing global accounts. Over the course of 2012 he has assumed more project-focused roles and has become deeply involved in the concept development and organization of new events. Stefano has built up specific expertise in the fields of Solar Asset Management, Operations & Maintenance and Solar Crowd Funding. Alongside his work for Solarplaza, he has been involved in crowd funding initiatives in the northern provinces of The Netherlands. Stefano received his education at the Delft University of Technology and holds a Masters degree in Industrial Design Engineering (Strategic Product Design).
MODERATOR
STEFANO CRUCCU
SR. PROJECT MANAGER /// SOLARPLAZA
MASAYUKI SAKAI /// CEO & FOUNDER - CO2O
Masayuki Sakai is the CEO and Founder of CO2O. He graduated from Waseda University and earned his MBA’s master degree in Globis management school.
He started the successful business of video picture’s industry in Mitsubishi Corporation’s subsidiary, and established Value Plus Inc. in 2006.
By facing the energy problems in developing Asian countries as a serial entrepreneur, Masayuki Sakai decided to get involved with renewable energy to solve the CO2 problem and he launched CO2O.
CO2O is the market leader of O&M in Japan. Their due diligence track record of Solar power plants reached over 366MW.
MASAYUKI SAKAI
CEO & FOUNDER /// CO2O
ATSUNORI SATO /// DIRECTOR ENERGY & ENVIRONMENTAL BUSINESS DEVELOPMENT - ORIX
Atsunori Sato graduated in Economics by the Keio University. He joined ORIX Corp in 1995, where he focused mainly on real state and structured finance. He is since recently the director of the energy and environmental business development department.
ATSUNORI SATO
DIRECTOR ENERGY & ENVIRONMENTAL BUSINESS DEVELOPMENT /// ORIX
YOSUKE KIMINAMI /// FOUNDING CEO - RENOVA
Mr. Kiminami founded RENOVA in 2000 and became the CEO.
He grew RENOVA from its original Environmental Consulting business to include Plastic Recycling and Renewable Energy.
Prior to RENOVA, he worked for McKinsey & Company.
YOSUKE KIMINAMI
FOUNDING CEO /// RENOVA
TAKURO SASAO /// SENIOR VICE PRESIDENT - GE ENERGY FINANCIAL SERVICES
Takuro Sasao is a Senior Vice President at GE Energy Financial Services (GE EFS), a global energy investment business in GE Capital, responsible for Japanese market. GE EFS has invested in close to 500MW of solar projects in Japan to date and looking to invest more.
Before joining GE EFS in 2015, he has worked in Capital Markets team at GE Capital Japan since 2005. Before that, he worked for Chuo Mitsui Trust and Banking (currently Sumitomo Mitsui Trust Bank).
Mr. Sasao holds LL.M (International Tax) at New York University School of Law and LL.B at Keio University.
TAKURO SASAO
SENIOR VICE PRESIDENT - GE ENERGY FINANCIAL SERVICES
16:30 CLOSING WORDS & NETWORKING DRINKS
Sponsored by: GreenPowerMonitor

17:15 End of conference

17:15-19:45 First Solar Japan Operations Center Tour