Possibility and Legal Framework of Solar Sharing and Recent Trends in Agritech - Part 2

As explained in the previous newsletter, “farming-type power generation facilities” refer to facilities, such as those for solar power, that use pillars to suspend essential components above croplands according to a governmental notification issued in March 2013 to clarify a (temporary) cropland diversion permission framework (the “Notification”). “Solar Sharing” can further be defined as efforts to utilize the same space for both solar energy and agricultural production. Therefore, in order to conduct solar sharing, (of course) business operators need to acquire cropland or secure the right to use cropland. In this regard, an outline of requirements for corporations to acquire cropland and to secure the right to use cropland is as follows. In order for a corporation to acquire cropland...To read the full article, please see the PDF file

*This article is also available in Japanese.

It is also available in PDF.: Finance Law / Agri-Food Newsletter (January 12, 2023) Download PDF [317 KB]

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Possibility and Legal Framework of Solar Sharing and Recent Trends in Agritech - Part 1

Authors

Yasunari SUGIYAMA

Partner
Tokyo

Yasunari Sugiyama is a partner in the firm's Asset Finance Group and Agri-Food Practice Group. In the finance area, his major and unique areas include financing of movables (lease, installment purchase and secured loan), supports for overseas expansion by financial institutions, acquisition finance and domestic and cross-border real estate transactions. In particular, he has extensive experience in proposing and implementing business plans and schemes available for each target jurisdiction taking into consideration the specific civil and commercial laws and financial regulations regarding the movables and real estates in Asian, European and North and South American countries and their entity-based and geographical applicability and coverage in terms of the overseas expansion of Japanese financial institutions. Further, in the agri-food area, he aims to provide legal services for the purposes of the introduction of smart agriculture, business expansion and diversification of financing sources, development and scaling of new business such as solar-sharing and onland aquaculture business, in each case while organizing the various laws and regulations applicable to each process of value chains of the agricultural, forestry and fishery business.

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