March 22, 2024
Sumitomo Mitsui Finance and Leasing Company, Limited
SMFL MIRAI Partners Company, Limited
Completion of the 1st Phase “Greenhouse Technology Aquaculture Integrated Solar Power
Generation Project” in Taiwan

Phase 1 project completion of the greenhouse technology aquaculture integrated solar power generation
project in Taiwan (the "Project") has been achieved on March 21, 2024, which SMFL MIRAI Partners
Company, Limited (President: Tatsurou Terada; hereinafter "SMFL MIRAI Partners"), a wholly-owned
subsidiary of Sumitomo Mitsui Finance and Leasing Company, Limited (President: Masaki Tachibana;
hereinafter "SMFL"), has acquired shares and participated since October 2021.
The Project involves construction and operation of large-scale solar farms and shrimp farming business
which is operated inside of the solar power generation facilities. The Project is eligible for Feed-in Tariff
which is applicable to the solar generation facilities operated concurrently with fishery business. This is alarge scale project located in the southwestern area of Taiwan composed of more than sixty separate sites
with a total generation capacity of 121MW.
Construction and operation of the power plants are managed by Sunny Rich Power Company, Limited(hereinafter "Sunny Rich"), the main sponsor of the Project which is a leading company in the aquaculture
integrated solar power generation business in Taiwan. SMFL MIRAI Partners participates in the Project as
the second largest shareholder after Sunny Rich. This Project has been developed also in close
collaboration with Sumitomo Corporation Taiwan, Ltd., a subsidiary of Sumitomo Corporation who is ashareholder of SMFL.
Taiwanese government is targeting to increase the generation capacity of solar power generation projects
up to 30GW by 2030, out of which greenhouse technology aquaculture integrated solar power generation
type of projects are strongly promoted.
This Project is not only contributing to Taiwanese governments’ direction to accelerate thedecarbonization, but also enhancing the food self sufficiency of Taiwan, and contributing to therevitalization of Taiwan local society by promoting the local fishery business, which are all in line with
SMFL’s management vision “Chosen for its commitment to SDGs”.
SMFL MIRAI Partners is also participating into Phase 2 project which Sunny Rich has started to develop.
The combined generation capacity of Phase 1 and Phase 2 will be 242MW, which becomes one of thelargest project in the category of greenhouse technology aquaculture integrated solar power generation1

project.
SMFL and SMFL MIRAI Partners will continuously expand the renewable energy business globally bycollaborating with group companies as well as partner companies, and contribute to achievement of thedecarbonized society.

Project Outline of Phase 1
Name ofProject
Sunny Rich Multifunction Solar Power Company, LimitedCompany
嘉義県義竹郷、屏東県内埔郷、高雄市永安区、雲林県台西郷（台湾）Address ofProject
Yizhu Township, Chiayi County / Neipu Township, Pingtung County /Yong’an District, Kaohsiung City / Taixi Township, Yunlin County, Taiwan
Site Completion
March 21, 2024
Date
Generation
121MW
Capacity
Project Outline of Phase 2
Site Location
Expected
Completion
Date
Generation
Capacity

Neighboring area of Phase 1
March 2025
121MW

<Aerial Photo of the Phase 1 site>2

<Shrimp Farming Facility>

Contact information
SMFL

SMFL MIRAI Partners

Corporate Communications Dept.

Environmental and Energy Business
Development Dept.

3

Yamamoto
MiyataTEL +81-3-5219-6334
TEL +81-3-6695-8190