Now, let me advise to you an additional very important information on the Kanagawa solar bank.
As I reported to you in my article of May 19 and 23, the Kanagawa government has established “the headquarters of the Kanagawa solar project” and “the study group on the Kanagawa solar project”.
The study group already had the 1st meeting on May 18th and the quick report on the discussions was made public.
The quick report is available here.
When you go to the above URL and look at the bottom of the quick report, you will find attachments from No. 1 to No. 7., which were prepared by the Kanagawa government officials and distributed at the 1st meeting of the study group.
Please open and see the attachment No. 7, which includes very important information.
Attachment No. 7 is available here.
Attachment No. 7 is about the basic scheme of the Kanagawa solar bank. The diagram indicates how the Kanagawa solar bank will work in detail. This is the first time that such detailed explanation on the Kanagawa solar bank has been made public. This is very important diagram to understand the system of the Kanagawa solar bank.
Thus, let me translate and explain for you the diagram of attachment No. 7 in the English language. Would you please check my following explanations one by one with the diagram in your hand.
The dotted line in the center represents the Kanagawa solar bank.
The box on the right side represents solar companies and installers.
The house-shaped figure at the bottom represents households.
The box at the bottom left represents an electric power company.
The box at the top represents private banks.
Following numbers corresponds to the numbers indicated in the diagram.
(1) The Kanagawa bank receives applications from households.
(2) The Kanagawa solar bank procures solar panels form solar companies. The big bulk of orders by the Kanagawa solar bank is expected to make the prices of solar panels lower because of discount to be provided by solar companies.
(3) Installers install solar panels to the rooftops of households.
(4) The Kanagawa solar bank borrows money from private banks to finance the prices of solar panels and installations.
(5) The Kanagawa solar bank pays the prices of solar panels and installations to solar companies and installers.
(6) The households sell electricity to an electric company. The households transfer their accounts receivables of selling electricity to the Kanagawa solar bank.
(7) An electric company pays the prices of electricity to the Kanagawa solar bank.
(8) The Kanagawa solar bank consolidates those accounts receivables and securitize them so that they can sell the tradable securities to investors.
Thank you.

5月19日と23日のブログ記事でお伝えしたように、神奈川県政府は、神奈川ソーラープロジェクト推進本部および神奈川ソーラープロジェクト研究会を設置しました。
神奈川ソーラープロジェクト研究会は、5月18日に第1回の審議を行ない、審議速報が公表されました。
審議速報はこちらでご参照いただけます。
審議速報には、会議資料が7つ添付されています。その中の会議資料7がとくに重要です。
会議資料7はこちらでご参照いただけます。
会議資料7は、神奈川ソーラーバンク構想の基本スキームを図解しています。神奈川ソーラーバンク構想に関し、これだけ詳細で具体的な説明が提示されたことは初めてです。
図に示された番号に従って読んで行くと、神奈川ソーラーバンク構想の流れが理解いただけます。
As I reported to you in my article of May 19 and 23, the Kanagawa government has established “the headquarters of the Kanagawa solar project” and “the study group on the Kanagawa solar project”.
The study group already had the 1st meeting on May 18th and the quick report on the discussions was made public.
The quick report is available here.
When you go to the above URL and look at the bottom of the quick report, you will find attachments from No. 1 to No. 7., which were prepared by the Kanagawa government officials and distributed at the 1st meeting of the study group.
Please open and see the attachment No. 7, which includes very important information.
Attachment No. 7 is available here.
Attachment No. 7 is about the basic scheme of the Kanagawa solar bank. The diagram indicates how the Kanagawa solar bank will work in detail. This is the first time that such detailed explanation on the Kanagawa solar bank has been made public. This is very important diagram to understand the system of the Kanagawa solar bank.
Thus, let me translate and explain for you the diagram of attachment No. 7 in the English language. Would you please check my following explanations one by one with the diagram in your hand.
The dotted line in the center represents the Kanagawa solar bank.
The box on the right side represents solar companies and installers.
The house-shaped figure at the bottom represents households.
The box at the bottom left represents an electric power company.
The box at the top represents private banks.
Following numbers corresponds to the numbers indicated in the diagram.
(1) The Kanagawa bank receives applications from households.
(2) The Kanagawa solar bank procures solar panels form solar companies. The big bulk of orders by the Kanagawa solar bank is expected to make the prices of solar panels lower because of discount to be provided by solar companies.
(3) Installers install solar panels to the rooftops of households.
(4) The Kanagawa solar bank borrows money from private banks to finance the prices of solar panels and installations.
(5) The Kanagawa solar bank pays the prices of solar panels and installations to solar companies and installers.
(6) The households sell electricity to an electric company. The households transfer their accounts receivables of selling electricity to the Kanagawa solar bank.
(7) An electric company pays the prices of electricity to the Kanagawa solar bank.
(8) The Kanagawa solar bank consolidates those accounts receivables and securitize them so that they can sell the tradable securities to investors.
Thank you.

5月19日と23日のブログ記事でお伝えしたように、神奈川県政府は、神奈川ソーラープロジェクト推進本部および神奈川ソーラープロジェクト研究会を設置しました。
神奈川ソーラープロジェクト研究会は、5月18日に第1回の審議を行ない、審議速報が公表されました。
審議速報はこちらでご参照いただけます。
審議速報には、会議資料が7つ添付されています。その中の会議資料7がとくに重要です。
会議資料7はこちらでご参照いただけます。
会議資料7は、神奈川ソーラーバンク構想の基本スキームを図解しています。神奈川ソーラーバンク構想に関し、これだけ詳細で具体的な説明が提示されたことは初めてです。
図に示された番号に従って読んで行くと、神奈川ソーラーバンク構想の流れが理解いただけます。