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Japan’s Mitsui is investing $200 million in building a solar farm in Texas

TOKYO – Japanese department store Mitsui & Co. will invest about 30 billion yen ($193 million) over two years to build a solar farm in the US state of Texas, the company said on Thursday, as it looks to tap emerging demand in a state where wind power is the dominant renewable energy.

The trading house seeks to deliver the electricity it generates to the state’s general power grid, as well as directly to businesses and factories.